Foreclosures, Pets, and Bankruptcy | Milwaukee, WI

BREAKING NEWS:   U.S. Department of Justice announces new rules to discharging federal student loans. Find out if you qualify TODAY!

Milwaukee 414-250-7880         Madison 608-465-4594         Green Bay 920-626-3125

Serving all of Wisconsin
Toll-free 866-906-5634  Milwaukee  414-250-7880     Madison  608-465-4594     Green Bay 920-626-3125

Our 3 Step Process

Step 1:
Get Out Of Debt

Step 2:
Clean Up Your Credit

Step 3:
Build Your Score

Home 9 Chapter 13 Bankruptcy 9 Foreclosures, Pets, and Bankruptcy

Foreclosures, Pets, and Bankruptcy

by | Mar 31, 2011 | Chapter 13 Bankruptcy, Chapter 7 Bankruptcy

Today the mortgage crisis has created another victim – the family pet. As more families are losing their homes to foreclosure, more pets were abandoned or left at animal shelters. USA Today reports that some pet owners are leaving pets in empty houses and garages with some food and water. Unfortunately, these animals are not found for days or weeks and are dead or dying.

Before you decide to walk away from a home and turn back on your family pet, consider first how bankruptcy can help your financial situation. There are options to keep your home in bankruptcy by filing a Chapter 13 and paying the arrears over times, stripping away an unsecured second or third mortgage or buying time to qualify under a home loan modification program.

You do not have to give up your pet when you file bankruptcy. The Court does recognize pets as more than property and reasonable pet care expense is allowed as a monthly expense.

If you are facing foreclosure please contact Miller and Miller for help!