Foreclosure, Bankruptcy and Rebuilding Your Credit

bankruptcy protection from foreclosure can be one of the best decisions you make to retain your house and stop with your creditors. The advantages of bankruptcy include your ability to stop foreclosure without creditor intervention and combining more than just your mortgage debt with a single plan. If and when bankruptcy emerges as an option, you have many different ways as to how to fight foreclosure with bankruptcy. You should always have a plan. The Youstayhome.com eBook provides this plan in guiding you step by step through the process of using bankruptcy in your favor.Typicallly, a bankruptcy case lasts between three to four months. Because various bankruptcy codes provide collections protection, banks and lenders have less ability to affect you and your property. The act of filing for bankruptcy protection to stop foreclosure will cease those annoying debt calls and collections activity of government and debt agencies.
bankruptcy to stop foreclosure: all non-exempt assets are turned over to the bankruptcy trustee and debts are expunged. Exemptions to these rules vary by state and you should be referring to the eBook for up to the minute news and laws in your state. In most cases, the fewer assets you have, the more likely you will be able to save your house and have all of your debts forgiven completely.