Can a bankruptcy filing postpone the foreclosure sale of a home?

Answer On One Hand: Automatic StayThe instant you file your bankruptcy petition, the law automatically imposes an "automatic stay." The automatic stay forbids any of your creditors, including the bank or ... Read More »

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Will filing bankruptcy stop foreclosure?

On One Hand: It Will, TemporarilyAccording to, many people file for bankruptcy the day before the bank takes over their home in an attempt to stop the foreclosure. The filing will p... Read More »

Does foreclosure go on record after filing bankruptcy?

Foreclosures are a matter of public record and can be listed on your credit report for a maximum of seven years. This is true even if you filed for bankruptcy before you lost your home to foreclosu... Read More »

Can Filing Bankruptcy Prevent a Creditor From Filing a Mechanic's Lien?

A significant benefit of a bankruptcy filing is the automatic stay. The automatic stay is a court injunction that automatically prevents the filing of any liens and lawsuits once the bankruptcy cas... Read More »

Can filing an injunction stop a foreclosure?

An injunction is a writ or court order stopping another from carrying out a specific action. It can be filed to stop a foreclosure in any state as long as there are valid grounds to file, such as t... Read More »