[cercis]

While it's true that Chapter 13 bkr does stop a foreclosure, that's only if you continue to make your payments - either to the bankruptcy trustee or the mortgage company (your plan will determine how ongoing payments are handled).

If you miss even a single payment, the creditor can file for relief from stay and proceed with foreclosure. In Texas this means they can post the property for sale and have the foreclosure sale shortly after the stay is lifted. In Massachusetts, you can often get several years of added time before the foreclosure.

Bluezy, the new bankruptcy laws are very difficult. Apparently bankruptcy attorneys are going to have to file an affidavit saying they researched the filer's finances and the petition and plan are completely factual. This means that bankruptcy attorneys are going to have to charge a lot more so they can cover the costs of this investigation.