ONLY $300 UPFRONT ATTORNEY FEES FOR A ST LOUIS CHAPTER 13
Yes, it will. So long as the bankruptcy petition is filed before the actual sale takes place. The main tool used in this type of situation is a St Louis Chapter 13.
Once you fall behind on your monthly mortgage payments, the creditor will start calling you about getting caught up. If you do not get caught up, the creditor will eventually send the matter to their attorney. The attorney will then send you a couple letters about their intent to foreclose on the note. And the last letter you will receive will be a formal notification of the foreclosure sale date (this last notice is almost always sent by way of a certified mailing).
At that point, you have a limited number of options. You can of course let the property go, and simply walk away. But if you want to keep the real estate, then you will either need to come up with a lump sum to come current, or file a Chapter 13.