One of the most important functions of a Chapter 13 is that of saving a house from loss in a foreclosure or the repossession of a vehicle necessary to get you to work. The filing of a Chapter 13 stops all foreclosure actions immediately. In Illinois, the case must however be filed before the Sheriff’s Sale takes place. In Illinois, the law used to be that you could wait until the Sheriff’s Sale was confirmed by the court. That is no longer the law. When the sale is conducted, legal title passes from you to the mortgage holder or a successful third party buyer.
Don’t wait until you get notice that the Sheriff is removing you from the home, because saving the home will be impossible. You should contact a skilled bankruptcy attorney when you are served with the initial summons to get advice on how you can save your home.