Bankruptcy Law: What if My House is Foreclosed During Bankruptcy in Buffalo?

If you’re having problems and your house is being foreclosed on, don’t think that there’s nothing you can do. A chapter 13 bankruptcy can help you protect your house. It is very important to understand that a chapter 13 bankruptcy is designed just for that purpose. We can take the arrears that you owe on your home, pay it out over three to five years, allowing you to catch up at the same time, you have to resume making your regular monthly mortgage payment, if you’re able to do that and provide for your household expenses at the same time, that’s what a chapter 13 bankruptcy can afford you.

This informational blog post was brought to you by Randy H. Gugino, an experienced Buffalo NY Bankruptcy Lawyer.