Chapter 13 Bankruptcy Saves Your House After COVID

When banks are allowed to foreclose again, STOP THE FORECLOSURE WITH A CHAPTER 13 BANKRUPTCY!

Writing this today, February 18, 2021, it has now been about 1 year since COVID started dramatically impacting our lives. Look no further than the roof over your head; there has been a federal moratorium on many foreclosure proceedings throughout the pandemic. President Trump enacted the moratorium about 1 year ago, and President Biden recently extended the protection.

I expect that the foreclosure protection will expire soon, and that will leave tens of thousands (hundreds of thousands? Millions?) of homeowners facing months of missed mortgage payments AND/OR foreclosures.

Fortunately, the federal government has another tool designed to protect your home from foreclosure: Chapter 13 Bankruptcy!

A chapter 13 bankruptcy is designed to:

1)     Stop the foreclosure

2)     Allow you to catch-up on your missed mortgage payments over a period of up-to 5 years(!!) AND

3)     Take care of the other debts that are hurting your budget

So, when the foreclosure protection and payment forbearances cease, transition over to a Chapter 13 Bankruptcy to help save your #1 asset: Your home!

Educate yourself TODAY on your options moving forward; call me, Lucas Ruffing, for a free consultation.

Lucas Ruffing
Ohio Bankruptcy Lawyer
740-815-1114
LucasRuffingLaw@Gmail.com