With the automatic stay, you will temporarily be free from the threat of losing your home, as well as many other constant collection attempts. But your freedom from foreclosure through Chapter 13 is not simply a short-term solution.
This form of bankruptcy allows you to establish a reasonable repayment plan using all disposable income in 3-5 years. The plan could incorporate missed mortgage payments so you can become current with your lender.
Every person’s situation requires a personalized strategy. At McBride & Associates, P.C., we can take the time to understand your current circumstances and future goals to determine whether Chapter 13 is right for you.
Stop home foreclosure in Oklahoma.
Bankruptcy