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Does Chater 7 stop forclosure ?

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    Does Chater 7 stop forclosure ?

    I know it has probably been asked but I just got my sherrifs sale info today and it's for October 25th. I plan on filing by the end of September or first part of October. Will this stall the sherrif sale while I work out my Chapter 7?


    #2
    It will stall it. How long depends on when the bank files for relief from the stay.

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      #3
      That's really all I needed to know. The redemption period is 6 mos so I just needed to get my ducks in a row and really needed a little more time.

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        #4
        It may not stall it that long. If the bank files a relief of stay quickly after getting your notice of filing, it may only buy you 45-60 days or so. The bank will get your notice of filing within a week tops after you file. Typically the bank will file a relief of stay right after the 341 or when they get a notice and you would have 30 days or so after that.
        You can't take a picture of this. It's already gone. ~~Nate, Six Feet Under

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          #5
          True. I am not sure how to pursue it. I am still getting all my info together to present to the lawyer and decide how to procede.

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