Avoid Foreclosure and Save My House
There are 3 Ways in Washington to Avoid Foreclosure. The common question we are asked is “How Can I Save My House? OR How Can I Get Out From Under My House?”
- Filing Chapter 13 (to save the house and stop foreclosure);
- Filing Chapter 7 (to get out from under your house, stop foreclosure temporarily and live in the house while other housing exploring options); and
- Filing a lawsuit against the lender and the trustee conducting the sale to obtain an injunction to prevent the foreclosure. RCW 61.24.130
Each method has different benefits and timelines.
By filing for Chapter 13 or filing for Chapter 7, a Federal Automatic Stay goes into effect immediately upon filing your case with the bankruptcy court. That automatically stops a foreclosure.
By filing a lawsuit against your lender, you have to apply to the Court for a Temporary Restraining Order and a Permanent Injunction. You have to provide evidence of “good cause” why the Court should stop the sale and why a trial is necessary to resolve issues.
The best thing you can do is meet with our firm to find out your options right away. Send me an email to give us some facts to see if we need to meet: Contact Chris