Posted on: 14th Jun, 2010 02:22 pm
what is chapter 13 can I save my house by filing that will my month payment reduce ??
Hi bishara!
Welcome to forums!
Chapter 13 is a type of bankruptcy filing which will help you in reorganizing your debts. Once you file this chapter of bankruptcy, the creditors/lenders along with the trustee will give you an affordable payment plan which will help you in paying off the dues within a time span to 3-5 years. This will help you to save your house.
To know more about Chapter 13, check out the given page:
http://www.mortgagefit.com/bankruptcy/chapter13.html
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
Chapter 13 is a type of bankruptcy filing which will help you in reorganizing your debts. Once you file this chapter of bankruptcy, the creditors/lenders along with the trustee will give you an affordable payment plan which will help you in paying off the dues within a time span to 3-5 years. This will help you to save your house.
To know more about Chapter 13, check out the given page:
http://www.mortgagefit.com/bankruptcy/chapter13.html
Feel free to ask if you've further queries.
Sussane