[John J. Scura III, Esq. explains how Chapter 13 bankruptcy can help you save your house in four minutes]
I wanted to go over some issues with respect to Chapter 13 bankruptcy.
Chapter 13 bankruptcy can help save a house from foreclosure:
Chapter 13 bankruptcy, primarily, is used for someone trying to save a house from foreclosure. It's probably the number one reason we use Chapter 13. I'd say, 70% to 80% of our cases are for that reason. The Chapter 13 is a powerful legal strategy. No matter what stage of foreclosure your house is in ... In New Jersey, you can file the Chapter 13 bankruptcy, file a plan of reorganization, and catch up on any amount you fell behind on the mortgage.