In Colorado, if you fall behind on your mortgage payments, the lender on a home loan secured by a Deed of Trust may hold a sale of that home after proper notice. The sale can be stopped only by paying all back payments, late charges and foreclosure fees before the sale.

Chapter 13 stops the foreclosure sale. The lender is required to accept payments over time to catch up the missed payments. You will be required to make your regular monthly mortgage payment, plus the Chapter 13 payment to get caught up.