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Old 08-22-2008, 04:08 AM   #1 (permalink)
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Using Chapter 7 to Stop a Mortgage Foreclosure

Although most persons filing bankruptcy will opt to use chapter 13 to stop a mortgage foreclosure, it’s important to remember that filing bankruptcy under any chapter, including chapter 7, stops a foreclosure just as effectively.* Chapter 7 not only stops a mortgage foreclosure, but it*usually results in the discharge of almost all unsecured debts, without [...]

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