Can Filing Bankruptcy Save My Home? Yes, Bankruptcy Can Save Your Home. Yes, under certain circumstances a Chapter 13 bankruptcy filed in Fort Lauderdale, Florida, or in any county within the United States can save your home from foreclosure. The instant you file your Chapter 13 bankruptcy petition, any foreclosure sale will be [...]
Chapter 7 bankruptcy, often referred to as “straight bankruptcy” or a “liquidation bankruptcy,” is a faster process than a chapter 13 bankruptcy. Depending on a person’s income, chapter 13 bankruptcy typically lasts between 3 to 5 years. A typical chapter 7 case is open and shut within 3-5 months. Within such a short time frame, [...]
Many people are surprised to find that they actually have an easier time obtaining credit or making a purchase after filing for bankruptcy, a recent study by the Federal Research Bank of Boston supports this finding. The reason for this is because prior to filing for bankruptcy, there was a bunch of unpaid debt listed [...]
