2. You want to stop a foreclosure and keep your home

Chapter 13 Bankruptcy is a good option when you want to stop a foreclosure and keep your home

If your home is about to foreclose then you should strongly consider filing Chapter 13 Bankruptcy. A Chapter 13 bankruptcy can stop foreclosure and force the bank to accept the arrearage (missed payments and fees) over a period of up to 60 months, at 0% interest.

In a Chapter 7 bankruptcy a foreclosure is only briefly delayed.