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Chapter 13 Bankruptcy can be the savoir in this regard. More help and consultancy by leading attorneys is available at Stonehavenlaw.com

Stonehavenlaw now offers a special section that explains all that remained unanswered about Chapter 7 Bankruptcy with an online legal advisory team of qualified attorneys.

Stonehavenlaw.com, the online legal advisory, provides much helpful guidance to follow bankruptcy law California in the rightful and legal manner. There are numerous questions and doubts that often arise when filing petitions to solve legal matters related to debt clearance and to stop foreclosures. It is difficult at times particularly when a person is negligent to the laws governing the state of California. Stonehavenlaw.com, owned by Stone Haven Law Group, LLC, has its head office at Rancho Cucamonga, California, that best describes the bankruptcy laws governing the state.

A person can be in the affirmative to file bankruptcy on the basis of the Chapter information given under the resources link that tells more of the Title 11 of the United States Bankruptcy Code and Bankruptcy Law California pertaining to them.

Online consultancy on legal matters pertaining to bankruptcy including the choice of Chapter 7 & 13 bankruptcy are best sorted by the bankruptcy attorneys at stonehavenlaw.com

Given the current state of the economy and the rising unemployment rate, many homeowners are facing financial distress and foreclosure. For these homeowners, struggling to make their mortgage payments, the optimal way to save their home is to work out a mutually beneficial payment plan with their lender, or to revise the terms of their original loan agreement in order to make more manageable monthly payments. Unfortunately, banks and lenders have been overwhelmed with loan modification requests and are very difficult to work with.

Many hardworking homeowners are struggling to make their monthly mortgage payments, and are sincerely trying to reach a mutually beneficial agreement with their lenders for the chance to not only stay in their homes but to pay lenders the money owed to them. Unfortunately, today’s economic conditions make reaching to such an agreement, a very daunting task. Jaded by the promises of fly-by-night loan modification companies, and confused by the explanations of attorneys trying to sell their services, many homeowners are left in the dark about the mortgage options available to them. Yet one very solid option that each borrower and lender should at least consider is the Making Home Affordable (MHA) Plan. It has been proven from personal experiences that this program has successfully helped homeowners stay in their homes.

RealtyTrac’s annual U.S. Foreclosure Market Report for 2008 indicates that 2,330,483 properties nationwide entered some stage of foreclosure. This would amount to an 81 percent increase from 2007 and 225 percent higher than the total number in 2006. The statistics for 2009 are looking even steeper, and there are no signs of relief in the near future.