Legal Services | Attorneys | Personal Bankruptcy | Business Bankruptcy | Contact Us | Locations | Free Consultation

Texas Bankruptcy - Bankruptcy Stops Foreclosure

Stop Foreclosure and Save Your Home… Don’t Let Your Home Be Sold

Filing for Chapter 13 Bankruptcy will stop a foreclosure. If the Bankruptcy Means Test provides you are eligible to fund a Chapter 13 plan with your disposable income, filing for Chapter 13 Bankruptcy will not only stop a foreclosure, but will allow you to repay your past due payments over a period of 3 to 5 years.

If you are facing foreclosure and need to file for Chapter 13 Bankruptcy to save your home, The Law Offices of R.J.Atkinson may be able to help. As Texas Bankruptcy Lawyers we have helped thousands stop foreclosure in Texas with Chapter 13 Bankruptcy. Contact us for a free bankruptcy evaluation to see how we can help you to stop foreclosure on your Texas home.

Having your home up for foreclosure can be very stressful, and the possibility of losing your home can mean losing all you have worked for. Foreclosure isn’t a matter to take lightly, and neither is filing for bankruptcy. The moment you receive notice of a pending foreclosure, the clock is ticking. It is a countdown to the foreclosure sale, so you should immediately begin examining your bankruptcy and foreclosure options. Foreclosure in Texas happens on the first Tuesday of every month, and the foreclosure sale date is the same everywhere throughout the State of Texas. Whether you live in Austin, Dallas, San Antonio, or Houston, the foreclosure sale takes place on the first Tuesday of the month.

If you are facing foreclosure due to a temporary loss of employment, a medical illness, an increase on an adjustable rate mortgage, property taxes, homeowner’s association dues, or have fallen behind on mortgage payments because of an unexpected financial hardship, you are not alone. Every month in Texas, there are thousands of people just like you, who encountered an unexpected financial setback, and are facing foreclosure of their homes. Many of them will file bankruptcy to stop the foreclosure and keep their homes.

Filing for Chapter 13 or Chapter 7 will stop foreclosure. A Chapter 13 Bankruptcy will allow you to keep your home and repay past due payments over time, while a Chapter 7 Bankruptcy will also stop the foreclosure, but only temporarily. Filing Chapter 7is simply a delay of the foreclosure, which in the end won’t allow you to keep your home. If you decide to file bankruptcy under any chapter under the Bankruptcy Code, the foreclosure sale will be stopped.

In case you're wondering how bankruptcy stops foreclosure and most all other creditors from all collections and legal actions against you, there is a section of the Bankruptcy Code referred to as the automatic stay. The automatic stay is the reason that most people filing bankruptcy actually file. It stops most creditors from any and all legal actions like, lawsuits, garnishments, repossession, collections, and foreclosure. The automatic stay gives the person filing bankruptcy a break in the action against them and time to sort out their financial affairs in reorganization or liquidation depending on what type of bankruptcy they filed. When you file bankruptcy to stop a foreclosure, the stay is enacted the moment you file. The mortgage company doesn’t need to have actual notice of the bankruptcy to be subject to The automatic stay, but proper notice is always good because it can avoid future problems in your case. Should a mortgage company proceed with a foreclosure because they weren’t aware you filed bankruptcy, the foreclosure sale will be considered to be void. However, keep in mind they need to be provided notice in order to avoid problems.

If you file for Chapter 7 Bankruptcy to stop the foreclosure it will only stop foreclosure temporarily since the failure to make ongoing payments or to pay off any mortgage arrears will eventually lift the "automatic stay" thus allowing the foreclosure to proceed. The filing of a Chapter 7 Bankruptcy to stop the foreclosure will simply buy time and eliminate any potential mortgage deficit. Whether you file a Chapter 7 Bankruptcy or a Chapter 13 Bankruptcy, The automatic stay will stop a foreclosure.

When facing foreclosure on your home, you should get the facts on how to stop the foreclosure before it’s too late. Filing Chapter 13 bankruptcy will stop foreclosure and allow you to repay your past due payments and keep your home. They are many who may try to discourage you such as, your lender, potential investors, mortgage negotiators, or mortgage brokers, because of their own interests. Filing for bankruptcy stops foreclosure.

Contact the Texas Bankruptcy Attorneys at The Law Offices of R.J.Atkinson for a free initial consultation to assess your options to stop foreclosure and to make an informed decision on how to keep your home.

If your home is posted for foreclosure, don’t just ignore it or wait to the last minute to deal with it. If you have questions about filing for Bankruptcy to stop foreclosure, contact the Texas Bankruptcy Lawyers at The Law Offices of R.J.Atkinson for a free initial consultation to discuss your debt relief options. Bankruptcy can stop foreclosure and put you back in control of your finances. With locations in Houston, Texas, Austin, and Dallas The Law Offices of R.J.Atkinson helps Texans stop foreclosure and file for Bankruptcy under the Bankruptcy Code.

Contact Us for a Free Bankruptcy & Foreclosure Evaluation

Call the Texas Bankruptcy Attorneys: 800-436-9056

footer
Please read: Certification | Disclaimer | TexasLegalWeb | State Bar of Texas | Resource LinksLast Updated April 26, 2017
RJABANKRUPTCY © 2004 - 2017 RJ Atkinson, LLP Attorneys At Law – All Rights Reserved
Austin Bankruptcy | San Antonio Bankruptcy | Houston Bankruptcy | Dallas Bankruptcy
Stop Foreclosure Austin | Stop Foreclosure San Antonio | Stop Foreclosure Houston | Stop Foreclosure Dallas | Affordable Bankruptcy Fees | IRS Tax Problems
RJA Bankruptcy Attorneys offer Affordable Bankruptcy, Debt Relief and Debt Consolidation. Texas Bankruptcy Lawyers offer Low Cost Bankruptcy Attorney Fees in Austin, Dallas, Fort Worth, Plano, San Antonio, & Houston *Principal Office.

Bankruptcy Lawyer / Attorney RJ Atkinson provides Chapter 7, 11, 12, 13, Bankruptcy, Debt Relief & Discount Legal Services
Filing Bankruptcy can sometimes be the fastest way to get out of debt and may be the most affordable way to get a fresh financial start. Chapter 7 Bankruptcy can quickly wipe out your debts, increase your credit score, stop wage garnishments, get rid of credit card debt, eliminate medical bills, stop payday loans, stop bill collectors, erase negative credit reporting, and reestablish new credit after bankruptcy. RJ Atkinson – Bankruptcy Lawyers have payment plans to make filing Chapter 7 and Chapter 13 Bankruptcy affordable which include low cost flat fees for Chapter 7 that may be considered the cheapest bankruptcy attorney fees depending on the costs other bankruptcy lawyers charge. Chapter 13 Bankruptcy can save your home from foreclosure, save your car from repossession, lower monthly payments, reduce interest rates, get rid of late fees, reduce credit card interest, payoff high credit card debt, raise your credit score, stop creditor harassment, get rid of debt, reduce debt, eliminate creditor calls at work, stop collection calls, start over financially, discharge debts and/or be debt free in 3 to 5 years. IRS tax problems, tax levies, wage garnishments, back taxes, payroll taxes, income taxes can often be handled in Chapter 13 bankruptcy. Divorce/Bankruptcy – past due child support arrears, alimony, spousal support, and divorce debt can often be handled in chapter 13 bankruptcy. The Law Offices of RJ Atkinson handles debt consolidation, loan modifications, credit card debt settlement, debt negotiation, lawsuit defense, IRS problems, credit card lawsuits, TROs temporary restraining orders to stop foreclosure, forbearance agreements to stop foreclosure, FDCPA Fair Debt Collection Practices Act lawsuits, FCRA Fair Credit Reporting Act lawsuits, credit report disputes, debt collection lawsuits, adversary complaints in bankruptcy, bankruptcies, foreclosure workouts, mortgage short sales, real estate property tax disputes, civil litigation, commercial litigation, tax lawsuits, small business bankruptcy, corporate bankruptcy, business creditor representation, and most every kind of debt related issue or financially based legal problem on a case by case basis.
Pursuant to 11 U.S.C. §528, “We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.”