Many people file for bankruptcy to prevent their homes from being taken
in foreclosure. The automatic stay will temporarily prevent a
foreclosure no matter which type of bankruptcy you file. In a Chapter 7
bankruptcy the creditor may be able to have the stay lifted and proceed
with the foreclosure. In a Chapter 13 bankruptcy, the foreclosure may be
permanently stopped. The automatic stay remains in effect until the
court confirms the Chapter 13 plan or the case is dismissed.