Foreclosure Help : How to Use Chapter 13 Bankruptcy to Stop Foreclosure
January 25th, 2010
Filing a Chapter 13 bankruptcy proceeding will result in issuance of an immediate stay of any foreclosure, but it will only buy time until the bankruptcy court sorts out the financial situation. Get tips on delaying foreclosure proceedings with help from a civil mediator in this free video on foreclosure law.
Expert: Robert Todd
Bio: Robert Todd is the managing partner and president of Robert M. Todd, P.A. and Family Law Solutions.
Filmmaker: Christopher Rokosz
Duration : 0:1:39
January 25th, 2010 at 7:17 pm
First off, chapter …
First off, chapter 13 is not a good deal. True it does stop a foreclosure in the short term; it does not fix your financial situation. Chapter 13 is nothing but a modern day debtors prison. Sort of like house arrest with an ankle bracelet. You get punished for two incomes. If you are poor, you can file chapter 7 and walk away with no debt and start over. With 13, you are in for 3 to 5 years, unable to save, buy or anything else.
January 25th, 2010 at 7:17 pm
Warning! Stay away …
Warning! Stay away from Feldman Law Center, if you do not wish to be scammed and cheated and lose you home!!
They lie, cheat and charge large fees upfront. This company is currenty under investigation. Do not let them take you to the cleaners and make you lose you home.