Will Filing Bankruptcy Stop a Foreclosure?

Yes. When you file bankruptcy, a federal injunction known as “automatic stay” goes into effect
immediately which stays all collection attempts from the creditors, including a foreclosure.

​But in many cases, the relief is only temporary, unless you address the underlying issue: i.e., you
reinstate the loan by curing the default or doing a loan modification.
A chapter 13 bankruptcy allows you to catch up on delinquent mortgage payments over a three-to
five-year period, paying out the delinquent amount in small additional payments. You must also make all your mortgage payments that come due after the filing of your bankruptcy case.
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The information contained on this site is for general education only and it is not, nor is it meant to be, legal advice.  You should seek advice from a bankruptcy attorney for your specific situation.