If a debtor is behind in house or car payments, can Chapter 13 stop a foreclosure or repossession from taking place?
Yes. Unlike Chapter 7, where the debtor can usually stop a foreclosure or repossession only if the creditor agrees to a reaffirmation, a debtor in Chapter 13 can provide for car and mortgage payments in the Chapter 13 plan, and the creditor can be required to accept these payments instead of proceeding with foreclosure or repossession.
Related Questions
- After having my car repossessed, a house foreclosure or other legal problems, can I still file Chapter 13 and stop these actions?
- If a debtor is behind in house or car payments, can Chapter 13 stop a foreclosure or repossession from taking place?
- If a debtor is behind in house or car payments, can Chapter 7 stop a foreclosure or repossession from taking place?
