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Bankruptcy

: The Debt Podcast

Bankruptcy Will Stop A Foreclosure?No Doubt About It!

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A bankruptcy filing will stop a foreclosure proceeding.  As soon as you file for bankruptcy protection, a court order called the automatic stay, goes into effect immediately.  With the number of foreclosures climbing to record levels, clients facing foreclosure will often ask whether a bankruptcy filing will really stop a foreclosure.  Really, it will!  The automatic stay is one of [...]

Full post as published by The Debt Podcast on March 10, 2009 (boomark / email).

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