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The Dodds Law Firm, PLC
Surprise, Arizona Attorney
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Chapter 13 bankruptcy and stopping the foreclosure process

When an Arizona resident discovers that his or her home is being foreclosed on, the realization can be devastating. Indeed, we work so hard to save and earn the money necessary to have a family home. It is a huge loss to see it all taken away from of us.

Fortunately, there are legal strategies that people can employ in order to prevent a home foreclosure from moving forward. One of the most common strategies Arizona residents use is the Chapter 13 bankruptcy process. Through Chapter 13 proceedings, individuals can gain the ability to repay their overdue debts without extra interest being incurred via a court-approved debt repayment plan. Chapter 13 debt repayment plans will last either three or five years. Once the three to five-year period of debt repayment is complete, the remaining unsecured debt that has not been paid may be discharged.

Still, certain requirements must be met in order to qualify for Chapter 13. For example, the borrower needs to have a steady source of income with which to pay the monthly repayment plan obligations.

At the Dodds Law Firm, we assist our clients in evaluating their debt foreclosure situations in order to determine whether Chapter 13 could help them stop their foreclosure proceedings. We also help them determine if another debt resolution strategy might be more appropriate for their needs. In the event that Chapter 13 is a suitable match, we assist our clients in navigating the Chapter 13 process from beginning to end. Considering the life-changing benefits of stopping foreclosure and resolving debt troubles, bankruptcy can certainly be worth the effort.

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Dan R. Dodds Dan R. Dodds

At the Dodds Law Firm, I focus my practice on the needs of individuals who have suffered losses because of abusive, deceptive or unfair conduct by others. I also provide comprehensive counsel in all matters related to Chapter 7 and Chapter 13...Read More

The Dodds Law Firm, PLC | 14239 West Bell Road, Suite 108 | Surprise, AZ 85374 | Toll Free: 877-827-9906 | Phone: 623-208-6098 | Map & Directions