If you wish to keep your home, filing a chapter 13 bankruptcy is likely your best option. A chapter 13 bankruptcy allows you to develop a repayment plan that will spread out your debts over a three to five year period.

12. • Lender writes you a “default letter” and gives you
thirty days to bring your loan current.
Notice of Default
• If you don’t bring the loan totally current, lender
places a sale notice on the bulletin board at the
County courthouse in the county where your home is
located 21 days before the 1st Tuesday of the
following month.
Notice of Sale
• Your home is auctioned at a public auction on the 1st
Tuesday.
Foreclosure Sale

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