When you get behind on your mortgage payments, the foreclosure process typically takes anywhere from six to eight months, at which point the home may be sold at a sheriffs sale - a public auction that takes place at the end of a foreclosure process. When you are in a difficult financial situation and are facing the foreclosure of your home, being proactive can help you regain control of your financial situation. How to Stop a Sheriff's Sale and Foreclosure Process Stopping a foreclosure … [Read more...]
Archives for January 2023
Keeping a Vehicle in Bankruptcy
Getting behind on bills is often a result of insufficient earnings caused by unemployment or reduced hours at work. It may also be that an unexpected expense makes it impossible to pay credit cards and car loans on top of basic, but necessary, monthly expenses. Those earning less than the median income in their area for an extended period, or those who have extraordinary expenses that make it impossible to make ends meet, may be eligible for Chapter 7 “liquidation” bankruptcy. For individuals … [Read more...]