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Will bankruptcy stop foreclosure?

home-with-foreclosure-sign

Generally, bankruptcy will stop foreclosure. A home is an asset usually secured by a mortgage. New laws may prevent a bankruptcy from stopping a foreclosure if you have filed for bankruptcy before. If you have filed a prior bankruptcy case within a certain amount of time, the automatic stay which generally stops foreclosure, may terminate within 30 days of the current bankruptcy filing, or not go into effect at all, unless a motion is filed within 30 days of the current bankruptcy filing. This is a very complex area of the law which bankrupty attorneys at Phan, Nguyen and Associates LLP with offices in Oakland, CA and San Jose, CA can assist with.

 

 

 

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Copyright © 2012 Phan, Nguyen & Associate LLP

We are a debt relief agency. We help people file for bankruptcy relief in the Northern District of California under the United States Bankruptcy Code.

Information on this site is not legal advice and does not create an attorney-client relationship.
Contact a bankruptcy lawyer in Oakland, San Jose and San Francisco regarding your specific bankruptcy situation.

Oakland Office: 1999 Harrison Street, Suite 660, Oakland, CA 94612 (510) 834-8777 San Jose Office: 1570 The Alameda, Suite 212, San Jose, CA 95126 (408) 975-9321 San Francisco Office: By appointment only.