Delinquency on your real property taxes can result in the County initiating a Foreclosure to collect upon the balance due. In such circumstances you may be eligible for a repayment plan. However, if the County is unable to provide you terms within your financial capabilities, and you otherwise lack the means to pay-off the past amount on a lump-sum basis, then a Chapter 13 Bankruptcy may be your best solution.
That would stop the foreclosure process and force the County to accept a Court-controlled payment over a period of up to five (5) years during which you will bring your tax liability current. If you do not file for such protection, work-out an agreed payment plan or remit a lump-sum the Court will subsequently grant a Judgment.
After that occurs the parcel can be sold at auction. If no buyer materializes, a second (2nd) sale will be scheduled shortly thereafter. Should the property again fail to bring a successful bid, the Court will then issue an Order of Forfeiture, and you will subsequently lose your ownership.
So if you wish to discuss how we can assist you with a Chapter 13 Bankruptcy to stop your pending Tax Foreclosure, then please call us at (216) 691-7800.