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Web filing a chapter 7 bankruptcy case can stop a foreclosure sale, but only temporarily. It allows you to discharge most of your unsecured debts like credit cards and medical bills but not secured debts like a mortgage. Web can chapter 7 bankruptcy help with foreclosure? Learn how the bankruptcy rules affect your eligibility for bankruptcy relief under chapter 7…
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Web chapter 7 bankruptcy doesn’t stop foreclosure outright, but it does buy you some time (because of the automatic stay, discussed below) and ultimately allows. Web a chapter 7 case begins with the debtor filing a petition with the bankruptcy court serving the area where the individual lives or where the business debtor is organized or has its.