Will Filing for Bankruptcy Stop Foreclosure?
This question cannot be answered with a simple yes or no. Each case is different and the unique situation of individuals who may require bankruptcy affects all of the decisions regarding their property. Generally speaking, if a person files for Chapter 13, it may be possible to stop foreclosure. Under Chapter 7, it is very difficult to avoid foreclosure on your properties. These laws have subtle differences from state to state and from case to case.
If you are concerned about a pending or possible foreclosure and would like to learn how bankruptcy might impact that situation, contact a Florida bankruptcy attorney at the law offices of Ryan J. Really, Attorney at Law, PLLC, at (239) 237-0675.