Foreclosures Up In Tarrant County, Chapter 13 Bankruptcy Can Help

August 14, 2009

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Growing numbers of families in Tarrant County are being hit where they live by the current economic conditions. According to numbers issued by Foreclosure Listing Service, filings for the September auction are up 9.5 percent from the August number and 54 percent increase from September 2008.

The Addison based company tracks foreclosure numbers across the country. George Roddy, president of Foreclosure Listing Service, said that although the Metroplex hasn’t been hit as hard as other parts of the country, residential foreclosure has risen exponentially here too.

“Residential foreclosure posting activity has quadrupled since Jan. 1, 2000,” Roddyexplained. “By this time in 2000, just 9,976 homes in the Metroplex had been posted for foreclosure, compared to the almost 45,000 so far this year.”

So far this year in Tarrant County, 14,635 homes have been posted for foreclosure.

If your home is facing foreclosure, you have options to stop the sale and save your home. Contact us to schedule a free consultation and find out how Chapter 13 bankruptcy can stop foreclosure proceedings and help you keep your home.

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