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Attorneys will advise you to file a Chapter
13 Bankruptcy and charge you $1000's of dollars
to do so. They do this knowing that more than
2/3 of their clients still lose the house to Foreclosure.
Did you know that a Bankruptcy is only a temporary
solution? Yes, the Federal Courts protect you
from the Creditors temporarily.
Then a payment plan is worked out with Attorney's
Fees, Court Fees, Late Fees, and then, arrears
are factored in.
This is a type of Forced Forbearance. Once this
payment plan is established you must make the
payments or you will lose the house.
So, before you quickly go file bankruptcy, under
the advice of an Attorney, make sure that you
plan your budget and know how much the costs are
going to be.
If you won't be able to afford the new Bankruptcy
monthly payments you might want to reconsider
giving the Attorney $1000's of dollars to do something
that won't work.
Also, remember that Bankruptcy is public record,
and everyone will see that you filed Bankruptcy,
so you might want to make Bankruptcy your very
last option!
The smartest thing to do is
call us today on one of our local, toll-free
numbers, and tell us about your situation.
We have helped hundreds of Washington State homeowners
solve their foreclosure situation once and for
all.
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