I JUST GOT A DISCHARGE IN CHAPTER 7 ONE YEAR AGO, BUT NOW MY MORTGAGE COMPANY IS GOING TO SHERIFF SALE. CAN YOU HELP ME?
Under the law, even though you received a discharge in Chapter 7 a year ago you are still allowed to file a Chapter 13 to try to save your home. The law has all types of restrictions about how often you can file different bankruptcies, but does not prevent you from filing a Chapter 13 after a Chapter 7 discharge. You are definitely prevented from filing another Chapter 7 within 8 years. However, a Chapter 13 is permissible. The only restriction is that you cannot obtain a discharge. But, why would you need another discharge if your goal is to save your home, which the Chapter 13 allows.
The other issue with a NO DISCHARGE case is that you have to pay all your unsecured creditors back in full.
Mr. Taieb has helped many people in this situation. He has helped clients who got a discharge who then get into foreclosure so they file Chapter 13. Also, if you received a discharge in Chapter 7 and then fall behind on rent, get your car repossessed, have a utility shut off or you have any other financial stress, you can then use the Chapter 13 process. The only restriction is if the Chapter 7 was filed within 4 years of the filing date of the new Chapter 13 case, it is a no discharge case.
Thus, if you are facing new financial problems, please contact TAIEBLAW at 856-235-4994 to schedule a FREE initial consultation.
If you have any questions concerning this matter or any other matter contact TAIEBLAW at 856-235-4994 or visit our website at TAIEBLAW.COM.
Steven N. Taieb, Esq. has been a South Jersey Bankruptcy Attorney for over 33 years and is board certified in consumer bankruptcy law by The American Board of Certification which is accredited by The American Bar Association.
We are more than happy to discuss all your options and to see if bankruptcy is the best option for you.