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If you are long term unemployed and woefully delinquent in your mortgage, What can chapter 7 do for you?

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Question by AraOrun: If you are long term unemployed and woefully delinquent in your mortgage, What can chapter 7 do for you?
If you are delinquent in your mortgage because you have been unemployed for a while and scrambling to get a job and none is forthcoming. Your lender is playing a frustrating game to avoid modification and has started forclosure proceedure. Can Chapter 7 do anything to help keep your home or probably delay the sale for you to get a job in California?

Best answer:

Answer by Caveat Emptor
Filing BK will not save your house from lender foreclosure.

What do you think? Answer below!


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