Short Sale and Bankruptcy Options When Facing Foreclosure

A short sale is a sale of real estate, your home for instance, for an amount less than what you owe on it. In a Chapter 13 bankruptcy it may be possible to sell the house as a part of your Chapter 13 Plan. Ask your bankruptcy attorney if you qualify for a “super discharge” in chapter 13.

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Are you facing foreclosure? Drowning in Debt? Call Purple Law Firm Chattanooga attorenys

I’m facing foreclosure what do I do now?

Whatever the cause, your now facing the possibility of home foreclosure. The first step you ought to take is to consult with an experienced attorney. In this series we will explore several foreclosure situations and options.

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