Once an individual files a Chapter 7 bankruptcy or a Chapter 13 bankruptcy, creditors cannot initiate or continue any legal action against the debtor.
San Diego, CA (PRWEB) April 16, 2013
The Consumer advocate website Banking Bad often covers issues related to the recent mortgages crisis and consumer complains about big banks. In their latest blog they raise the questions, “Can Bankruptcy Stop Foreclosure?” The post also highlights the difference between filing a Chapter 7 vs. Chapter 13 bankruptcy. The blog goes further and praises San Diego bankruptcy attorney Craig Trenton who has consulted with the sites West Coast fan base on the aforementioned topics.
When asked how filing a bankruptcy can save a home from foreclosure, attorney Craig Trenton answered. “Filing a Chapter 13 bankruptcy stops foreclosure proceedings giving the homeowner a chance to save their home. Chapter 7 can possibly save a home by wiping out other debts allowing the homeowner to focus on the home.” Mr. Trenton continued, “Once an individual files a Chapter 7 bankruptcy or a Chapter 13 bankruptcy, creditors cannot initiate or continue any legal action against the debtor.” Which could be a powerful tool for an underwater homeowner trying to stop a foreclosure.
About Banking Bad:
The Banking Bad website and YouTube channel are dedicated to educating and informing the public of strange or immoral activities involving banking institutions. Banking Bad’s social media experience includes Facebook and Twitter pages that allow users to join the conversation and exchange information about their latest banking pitfalls or successes.
About Craig Trenton:
Mr. Trenton has been in solo legal practice for over twenty years. During this time, Craig has opened four offices throughout the West, including offices in Texas, Oklahoma, Utah, and Arizona that specialize solely in bankruptcy matters. Craig Trenton is a native San Diegan, who grew up in the beach areas of San Diego and graduated from University of California San Diego and attended California Western School of Law before becoming a San Diego bankruptcy lawyer.
Although Mr. Trenton’s main office deals with bankruptcy in San Diego, Craig started his California Chapter 13 website to help people seeking bankruptcy in San Diego to get the help they needed. Mr. Trenton also hosts the popular chapter 7 San Diego blog.