Chapter 13 Bankruptcy, then a Foreclosure...Is this possible in IL?


Question:
Unfortunately, my wife and I will have to file a Chapter 13 Bankruptcy sometime in 2008. After filing and receiving a payment plan from the Trustee, can I let my house be foreclosed on without it affecting my Bankruptcy payment plan. Or, should I let the house be foreclosed on first, and then file for Chapter 13?

Answer:
you will need a lawyer to file for bankruptcy (more debt) ask him before you file what is your best option -- as for me i would try my dam nest to get out of debt on my own with out paying any one to help me == u got there by yourself now pull up your drawers and get out by your self. you will be better off in the long run.
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