Stop Foreclosure Auction California

Summary

Filing for emergency Chapter 13 bankruptcy in California can immediately halt a foreclosure auction. The process includes a creditors meeting within 20-40 days, a confirmation hearing within 20-45 days post-creditors meeting, and plan completion in 3-5 years. Consult a bankruptcy attorney for personalized advice.

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ROBERT
Hello ****, I understand you need assistance but could you please provide more details about the legal issue you're facing? Also, it would be helpful if you could share your location as laws can vary.
I’m in California. my home is up for judicial for closure auction on J. But if they don’t respond we’re gonna go through emergency bankruptcy. I know the filing should put a halt to the auction. If the mortgage company tries to lift the stay and is successful. How long will it take after the filing for them to do so
In California, if a mortgage company is successful in lifting the automatic stay from bankruptcy:
- The timeline is case-specific and depends on the court's schedule.
- It could take several weeks to a few months.
Always consult a legal professional for advice tailored to your situation.
The auction is January *, *
Hello ****,
In California, if a mortgage company successfully lifts the stay, they might proceed with the auction swiftly. However, the exact timeline can vary and is subject to court processes. Always consult a bankruptcy attorney for guidance.
I think I can fight off a state because of the fact that somebody is willing to financially back up purchasing the property
Hello ****,
To postpone or stop the foreclosure, you might:
- File an emergency bankruptcy
- Have your backer purchase the property before the auction
However, each situation is unique and results can vary. Please consult a bankruptcy attorney for best advice.
OK thank you
You're welcome, ****. If you have any other questions or need further clarification, feel free to ask. Remember, a local bankruptcy attorney can provide the most effective guidance based on your situation.
If I do go ahead with the emergency chapter * bankruptcy. What are the timelines usually associated with it in California?
In California, Chapter * bankruptcy process timelines generally follow these steps:
- Filing bankruptcy petition: Immediate effect
- Creditors meeting: Within *-40 days
- Confirmation hearing: Within *-45 days post-creditors meeting
- Plan completion: *-5 years
Please consult with a bankruptcy attorney for detailed timelines based on your situation.