What can Chapter 7 Bankruptcy and Chapter 13 Bankruptcy do for my Foreclosure?

Chapter 7 Bankruptcy cannot stop foreclosure.  It can stall foreclosure.  If you receive a Chapter 7 Bankruptcy discharge, you are not personally liable for the debt after they foreclose on the collateral.

Chapter 13 Bankruptcy can stop foreclosure as long as you timely pay your Chapter 13 Bankruptcy plan payment.  You are catching up with your delinquent mortgage payments over a period of 3 to 5 years while making your monthly mortgage payments.  Your mortgage lender must accept this repayment plan, which is a great way to keep your house if you have the financial means to make the Chapter 13 Bankruptcy plan payments.  Call Muoi Chea Sacramento Bankruptcy Attorney for an estimated plan payment, with offices in Sacramento, Stockton, and Fairfield, California to serve all of Northern and Central California residents facing foreclosure.