Catch up on Property Taxes through Bankruptcy

Wasson and ThornhillHome Foreclosures

Bankruptcy helps you catch up on property taxes: Chapter 7 discharges other debts, Chapter 13 helps with your mortgage & other special debts.   Bankruptcy Stops a Property Tax Foreclosure Filing either a Chapter 7 “straight bankruptcy” or a Chapter 13 “adjustment of debts” case stops a foreclosure by your property tax authority. Filing bankruptcy stops most forms of debt collection … Read More

More Ways Bankruptcy Benefits Your Home

Wasson and ThornhillHome Foreclosures

Bankruptcy helps with more than just your mortgage. You can avoid, or deal constructively with, judgment, income tax, support and HOA liens.   Last week we gave you 7 ways that bankruptcy can either save your home now or protect it going forward. Here are the remaining 8 ways (#8 through #15), mostly involving involuntary liens placed on your home … Read More

Chapter 13 Gives More Time to Sell Your Home

Wasson and ThornhillHome Foreclosures

If you need more time to sell your home, you can usually get more time than under Chapter 7. Can maybe even delay selling for several years.   Our last blog post was about the relatively long time Chapter 13 gives you to catch up on your mortgage. Besides the 3 to 5 years it gives you, Chapter 13 also … Read More