What happens next?

How to stop foreclosure through chapter 7 bankruptcy
Check that you qualify for chapter 7.
Not everyone can use chapter 7. Instead, chapter 7 has been reserved for those who cannot pay their bills.

Select from: 1). Your creditors can then retire in the next year, so to qualify you should consider getting chapter 7. Based on your financial history, you may qualify to get chapter 13 after you have paid some of the debt.. 2). When you file for chapter 13, you will apply for a chapter 7 loan. You will need a down payment, which will depend on the precise amount you are seeking.. 3). You should check with your state's bar association for this information. If you need assistance deciding if the answer is a no, get it from the appropriate agency.. 4). You will qualify for chapter 7 in one of two situations : Your income is less than your state's median for a family of your size. Check here to find your state's median: https: // www.justice..
4).