How can bankruptcy protect my home from foreclosure?

The benefits of filing for bankruptcy can include protecting your home from foreclosure. Sometimes, when creditors are trying to get their money from you, they will attempt to get your home sold so that they can recoup some of the money you owe. However, this can make a difficult situation even worse. When you file for Chapter 7 or Chapter 13 bankruptcy, the court may issue an “automatic stay” that postpones foreclosure sales and other collection activities.

If you want help to save your home from foreclosure, contact a Milwaukee bankruptcy lawyer of the DeLadurantey Law Office today at 414-377-0518.

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