IMMEDIATELY STOP FORECLOSURE BY FILING CHAPTER 13 FOR $115 DOWN AND MAKE PAYMENTS AFTER THE FORECLOSURE IS STOPPED
Chapter 13 Bankruptcy Will Save Your Home From Foreclosure And Write Down Your Other Debts To A Fraction Of The Original Amount Owed
Save Your Home from Foreclosure: The Chapter 13 Trustee does not seize assets. Instead, the Chapter 13 Trustee either approves or disapproves a plan for partial repayment. That's why Chapter 13 will allow you to take 3-5 years to catch back up on your mortgage arrearage. You will be able to catch back up on your mortgage because the payments to your other debts will be reduced to a small fraction of their original amount, leaving you with enough money to save your home. Chapter 13 is designed to let you catch up on your mortgage by financing the amount you are behind over 36 to 60 months and to write down your other debts to a fraction of the original amount owed.
Washington State Now Has A New Generous Homestead Exemption:
Homeowners in Washington now no longer have to fear losing their homes in bankruptcy even if they have built up substantial equity as long as they are living in that home when they file for bankruptcy. (Your home equity is the amount left over after you subtract the total of all your mortgages from the total amount your home could be sold for today.) If you have owned your home shorter than 40.5 months, then your home equity is exempt up to $189,050 in bankruptcy. If you have owned your home longer than 40.5 months, then your homestead equity can be even greater. For example, if you have owned your home for more than 40.5 months in Snohomish County, then your home equity is exempt in bankruptcy up to $676,900. And if you have owned your home for more than 40.5 months in King County, then your home equity is exempt in bankruptcy up to $838,300. Note: if you recently sold your previous home to move into your current home, the Bankruptcy Court will allow you to tack the two homeowning periods together to get past the 40.5 months as long as both homes are in Washington State and you are living in your home when you file for bankruptcy.
At the beginning of a Chapter 13, the United States Bankruptcy Court will immediately forbid your mortgage lender from continuing to demand that you immediately pay the entire amount you have fallen behind and will then allow you to spread that amount over 36 to 60 months. The Court will require your mortgage lender to accept a Court supervised plan that gives you 36 to 60 months to catch back up on the amount you have fallen behind.
Write Down Your Other Debts: At the same time, the United States Bankruptcy Court will allow you to use Chapter 13 to write down your unsecured debts to a fraction of the original face amount. All of your debt is reorganized into one payment plan confirmed by the United States Bankruptcy Court. Then the Court supervised Chapter 13 Trustee will distribute the money you send each month to your mortgage lender and to any other creditors to be included in the plan. Immediately after we file your Chapter 13, the United States Bankruptcy Court issues a court order forbidding your mortgage lender from holding the foreclosure sale in order to allow us enough time to file a 36 to 60 month plan that will catch back up on your mortgage payments while writing down your other debts.
IMMEDIATELY STOP FORECLOSURE BY FILING CHAPTER 13 FOR $115 DOWN AND MAKE PAYMENTS AFTER THE FORECLOSURE IS STOPPED
FEES: In all Ch 13 cases US Bankruptcy Court requires $100 of its filing fee and the $15 Court ordered certificate of credit counseling up front.
So, the up-front cost is $115 down. Our service fee and the court's remaining $213 filing fee may be financed as part of the Chapter 13 plan over 36 to 60 months and included as part of your regular Chapter 13 Plan payment.
We will help you obtain your pre-filing certificates of credit counseling easily from http://www.1stopbk.com We are a debt relief agency. We help people file bankruptcy under the bankruptcy code.
Everett Bankruptcy Attorney 425-398-2778 UA-133654451-2
Chapter 13 Bankruptcy Will Save Your Home From Foreclosure And Write Down Your Other Debts To A Fraction Of The Original Amount Owed
Save Your Home from Foreclosure: The Chapter 13 Trustee does not seize assets. Instead, the Chapter 13 Trustee either approves or disapproves a plan for partial repayment. That's why Chapter 13 will allow you to take 3-5 years to catch back up on your mortgage arrearage. You will be able to catch back up on your mortgage because the payments to your other debts will be reduced to a small fraction of their original amount, leaving you with enough money to save your home. Chapter 13 is designed to let you catch up on your mortgage by financing the amount you are behind over 36 to 60 months and to write down your other debts to a fraction of the original amount owed.
Washington State Now Has A New Generous Homestead Exemption:
Homeowners in Washington now no longer have to fear losing their homes in bankruptcy even if they have built up substantial equity as long as they are living in that home when they file for bankruptcy. (Your home equity is the amount left over after you subtract the total of all your mortgages from the total amount your home could be sold for today.) If you have owned your home shorter than 40.5 months, then your home equity is exempt up to $189,050 in bankruptcy. If you have owned your home longer than 40.5 months, then your homestead equity can be even greater. For example, if you have owned your home for more than 40.5 months in Snohomish County, then your home equity is exempt in bankruptcy up to $676,900. And if you have owned your home for more than 40.5 months in King County, then your home equity is exempt in bankruptcy up to $838,300. Note: if you recently sold your previous home to move into your current home, the Bankruptcy Court will allow you to tack the two homeowning periods together to get past the 40.5 months as long as both homes are in Washington State and you are living in your home when you file for bankruptcy.
At the beginning of a Chapter 13, the United States Bankruptcy Court will immediately forbid your mortgage lender from continuing to demand that you immediately pay the entire amount you have fallen behind and will then allow you to spread that amount over 36 to 60 months. The Court will require your mortgage lender to accept a Court supervised plan that gives you 36 to 60 months to catch back up on the amount you have fallen behind.
Write Down Your Other Debts: At the same time, the United States Bankruptcy Court will allow you to use Chapter 13 to write down your unsecured debts to a fraction of the original face amount. All of your debt is reorganized into one payment plan confirmed by the United States Bankruptcy Court. Then the Court supervised Chapter 13 Trustee will distribute the money you send each month to your mortgage lender and to any other creditors to be included in the plan. Immediately after we file your Chapter 13, the United States Bankruptcy Court issues a court order forbidding your mortgage lender from holding the foreclosure sale in order to allow us enough time to file a 36 to 60 month plan that will catch back up on your mortgage payments while writing down your other debts.
IMMEDIATELY STOP FORECLOSURE BY FILING CHAPTER 13 FOR $115 DOWN AND MAKE PAYMENTS AFTER THE FORECLOSURE IS STOPPED
FEES: In all Ch 13 cases US Bankruptcy Court requires $100 of its filing fee and the $15 Court ordered certificate of credit counseling up front.
So, the up-front cost is $115 down. Our service fee and the court's remaining $213 filing fee may be financed as part of the Chapter 13 plan over 36 to 60 months and included as part of your regular Chapter 13 Plan payment.
We will help you obtain your pre-filing certificates of credit counseling easily from http://www.1stopbk.com We are a debt relief agency. We help people file bankruptcy under the bankruptcy code.
Everett Bankruptcy Attorney 425-398-2778 UA-133654451-2