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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Bankruptcy tool.. Posted by Ward-CA- on December 17, 2003 at 6:04 PM In Reply to: Bankruptcy and foreclosure posted by Mindy on December 17, 2003 at 5:01 PM : Ward, I was reading previous posts, and one said that filing bankruptcy only temporarily stops a foreclosure. I thought that if you file a chapter 13, it stops a foreclosure permanently. : Please clarify, as I am new to this. Thank you. ===================== Mindy, Most of the time we only need to employ the help of a bankruptcy to buy the owner more time to do a deal with us before the auction sale. Once we've finagled the time required we have the petitioner file for a dismissal of the bankruptcy action. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : Ward, I was reading previous posts, and one said that filing bankruptcy only temporarily stops a foreclosure. I thought that if you file a chapter 13, it stops a foreclosure permanently. : : Please clarify, as I am new to this. Thank you. : ===================== : Mindy, : Most of the time we only need to employ the help of a bankruptcy to buy the owner more time to do a deal with us before the auction sale. : Once we've finagled the time required we have the petitioner file for a dismissal of the bankruptcy action. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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