Resolve Mortgage Accounting Disputes

Wasson and ThornhillHome Mortgages

It’s often hard to get straight answers from your lender about the right monthly payment amount. Here’s one way to resolve mortgage accounting disputes.   Catching Up on Your Mortgage over Time A Chapter 13 case gives you the power to catch up on your home mortgage(s) over an extended period.  This “adjustment of debts” type of bankruptcy can give … Read More

Chapter 7 Buys You Crucial Time to Move before Foreclosure

Wasson and ThornhillForeclosure

Every month you can put off foreclosure buys you crucial time to get money together to make your move to your next housing.     Last week we went through a list of ways Chapter 7 buys you time when dealing with a home foreclosure. Included was that filing a Chapter 7 case “can give you time to surrender your … Read More

A List of Ways Chapter 7 Buys Time for Your Vehicle or Home

Wasson and ThornhillChapter 7

If you get behind on payments on your vehicle or home, in many different situations Chapter 7 buys you the time you need.   In the last several weeks of blog posts we’ve given many examples of how bankruptcy can buy you time for your vehicle and for your home. Here’s a summary how a Chapter 7 “straight bankruptcy” filed … Read More

Use Chapter 13 to Buy Much More Time for Your Home

Wasson and ThornhillHome Mortgages

The advantages of Chapter 13 are more time and more flexibility in catching up on your unpaid mortgage payments. Lots better than Chapter 7.   Two blog posts ago we said Chapter 7 buys some time with your home mortgage while Chapter 13 buys much more time. We then showed how Chapter 7 can help. Today we get into how … Read More

Chapter 7 Buys You Some Time for Your Home

Wasson and ThornhillHome Mortgages

Chapter 7 buys you some time by stopping a foreclosure or delaying one from starting, and may also prevent liens from hitting your home.   Chapter 7 “Straight Bankruptcy” vs. Chapter 13 “Adjustment of Debts” Speaking very generally, Chapter 7 buys you some time with your home while Chapter 13 buys you much more time. So the questions are: how … Read More