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

Getting Current on Home Property Taxes through Bankruptcy

Wasson and ThornhillTax Debts

Falling being on home property taxes creates problem with your tax collector but much more urgently with your mortgage lender.   Why Your Mortgage Lender Gets Upset With virtually all mortgage contracts, falling behind on your home property taxes puts you in default on the mortgage itself. That means that even if you are current on the mortgage payments your … Read More