14 May 2012 0 Comments

Divorce and Foreclosure

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When a couple decides to split up and end their marriage, the mortgage payment is the last thing on their minds – until the foreclosure papers arrive.

If one of the parties decides to file for Chapter 13, it can stop the foreclosure.  It will allow you to put together a debt-restructuring plan to pay the mortgage arrearages.  It will also buy the family time to save their home or find another place to live.

If you are leaning towards divorce and are now faced with possible foreclosure, contact an experienced Riverside Family Law attorney who may advise you to insert a bankruptcy proof clause into your divorce agreement and will be able to answer any of your questions by explaining your rights and available options.

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