Chapter 13

To help ensure a successful bankruptcy filing and avoid some of the bankruptcy pitfalls you should always seek the aid of a Tampa bankruptcy attorney before taking any legal action. If the debtor fails to make all the scheduled payments the Chapter 13 may be dismissed or converted to a Chapter 7 bankruptcy.

When a Tampa bankruptcy lawyer submits a Chapter 7 or Chapter 13 petition the court issues an automatic stay on all collections. The automatic stay prevents the mortgage lender and all other creditors from taking any collection action until the stay is lifted. The automatic stay should even postpone or prevent a foreclosure sale that is already scheduled. However,