People end up filing for bankruptcy For lots of good reasons, generally involving exterior forces or unforeseen fees: Clinical financial debt and unpredicted well being treatment fees can quickly spiral uncontrolled, charge card debt can accrue on account of business enterprise bills or needing to employ a charge card through durations of unemploym
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The automatic stay will temporarily prevent a foreclosure when you file for Chapter seven. But if you're powering on the property finance loan payment when you file, the very best it is possible to hope for is delaying the procedure for a couple of months.However, in the event you die although inside the midst of filing for Chapter seven bankruptcy