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How does bankruptcy stop foreclosure for Dummies

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The two Chapter 7 and Chapter thirteen bankruptcy, can stop a foreclosure – either forever or quickly. With the two, the courtroom troubles an computerized stay that stops any foreclosure proceeding. Auction – The house is bought at auction, with the bank hoping to recoup what it shed to the https://paxtonknkct.spintheblog.com/24200514/the-best-side-of-how-does-bankruptcy-stop-foreclosure

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