If you want to hold onto your home, Chapter 13 gives you many extraordinary advantages.
It's often the combination of tools that come with Chapter 13 that allows you to keep your home. Because Chapter 7 has only some of these tools, sometimes it can't do nearly as much for your home as Chapter 13 can.
A mere list of the many ways that Chapter 13 can help save a home can start sounding dry. So here's a powerful example that shows off some of its extraordinary advantages.
Chapter 13 is often the best option for holding onto your home. That may be simply because it solves one of your major home debt problems, or instead because it solves a bunch of them all in one package.
Besides avoiding a foreclosure and its hit on your credit record, you may have other sensible reasons for looking into a short sale of your home. Let's consider those other reasons.