Re: help, my house is going to auction on Oct 5

Posted by Janie on September 22, 2004 at 19:33:06:



In Reply to: help, my house is going to auction on Oct 5 posted by Mark on September 22, 2004 at 17:03:52:



In the Brigg for three months? What on earth did you do?

Have you to talked to your camp counselor or commander? Sometimes they have options available for the military personnel.

Barring that, a Chapter 13 Bankruptcy will stay the foreclosure, allow you to put all past due debts into a payment plan, even reduce unsecured debts.

The catch is you have to make the payments to the trustee, on time, every month. If you are even a few days late, they can and may file for dismissal of your case.

It's a good plan if you stick to it and keep up your regular monthly mortgage payments.

: We have fallen about $12,000 behind on our mortgage. I'm in the military, but I have been in the brig for the last three months, which has caused us to fall further behind. We haven't had the income to catch up on payments. Will a chapter 13 save the house or will anything else help us? Please help.





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