Using Bankruptcy To Prevent Foreclosure

Unfortunately, this is not possible, however the filing of bankruptcy will trigger an automatic stay. The automatic stay will stop all creditors, including the bank, from taking action to collect their claims, including foreclosing on your home. The automatic stay is temporary, so while there is no way to permanently prevent a foreclosure by filing for bankruptcy, you do get a brief respite. Of course, the creditor (bank) can request a relief from stay from the judge, which would lift the automatic stay and allow the foreclosure proceedings to continue.