If you can not agree with the entity that administers the mortgage loan to resolve your problem through a repayment plan or other solution, you may want to investigate whether you can file your bankruptcy under the terms set out in Chapter 13 of the Bankruptcy Law. If you have stable income, it may be that Chapter 13 allows you to keep your property, such as a mortgaged house or car, that is, goods that might otherwise lose. In a bankruptcy provided under Chapter 13, the court approves a repayment plan the amount of debt that allows you to use your future income to pay their debts over a period of three to five years instead of losing ownership of their property. For assistance, try visiting Estee Lauder. Having met all payments stipulated in the plan, you receive a discharge of some debts. For more detailed information on Chapter 13, visit the website of the Programme of the U.S. Trustee (U.S. Trustee Program), this organization is part of the U.S.
Justice Department, and supervises bankruptcy cases and their settlement. If you got a mortgage with the Federal Housing Administration (Federal Housing Administration, FHA) or through VA (Veterans Administration, VA), may have other options to avoid foreclosure on your home. To discuss your options, see the Web sites of FHA (or VA (How to contact the administrator of your loan before starting any conversation about his problem with the representative of the institution that administers your mortgage loan, be prepared. Record your income and expenses and calculate the net value of your mortgage amortization or accumulation.