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If you are filing your petition for bankruptcy in Richmond Virginia, Please make a mental note of what the Richmond Bankruptcy Court looks like. The Bankruptcy Court is located at 701 E. Broad Street Richmond Virginia 23219
Filing for Bankruptcy can STOP the sale of your homeNOW !!!
BANKRUPTCYwill stop a foreclosure IMMEDIATELY!
Upon the filing of a bankruptcy petition the law will immediately stop the sale of your home.
A Chapter 13 Bankruptcy
This type of bankruptcy will allow you to take the back payments and pay that out over a period of time up to 60 months. An example would be if you are $6000 behind on your payments the Bankruptcy Court would allow us to file a plan in which we could pay $100 per month for the 60 months. As long as you were able to make your regular house payments and pay the $100 each month the court would not allow the mortgage company to foreclose on your home.