Foreclosure After Bankruptcy
It is well known that a bankruptcy filing will stop a foreclosure, as long as a foreclosure sale has not taken place. However, many debtors wonder if their lender can come back after the bankruptcy case is closed and initiate foreclosure proceedings once again. This article will explain the answer to this question.
Indeed, the automatic stay imposed through a bankruptcy filing buys a debtor time in which to review and reorganize all of their debts. No collection efforts may take place while the stay is in effect, and that includes foreclosure proceedings. However, a ...







