Enter Your Zip Code to Connect with a Lawyer Serving Your Area
Filing for bankruptcy can be a great way to either save your house from foreclosure or at least stay in it without paying your mortgage for longer than you would be able to otherwise. It's important to understand that Chapter 7 bankruptcy will keep you in your home long-term only if you file while you are still current on your mortgage. Chapter 7 will help you avoid foreclosure by wiping out, or discharging, your other debts, in effect freeing up your income to enable you to make your house payments. Chapter 13 bankruptcy, however, can keep you in your home long-term even if you are behind on your payments.
Here you can read more about bankruptcy in relation to foreclosure, in articles written by attorneys who are advertising on this website. We have not reviewed these articles for legal accuracy.