Can you keep your home after filing for bankruptcy
February 28th, 2007 by Questions
My Husband has recently lost his job Late last year, and we have been dealing with crediters, most have been very complient with making alternative payment arrangments ie: no interest for so many months ect. We had an issue with missed mortgage payments late last year, and were sent a letter from a lawyer– we managed to borrow some $ from Family to pay in December with the idea that we were caught up until Jan of this year ( the letter said Normal payments to comence January 07) However we received a notice in Jan of a missed Dec mortgage payment much to our surprise, then we had Jan to deal with, we have been served legal papers as of few days ago with regards to our mortgage holder wanting thier money plus fees . My husband is still unemployed and we have tried negotiating with them to no avail . My question is this, if we were to file bandruptcy what would happen with the house or mortgage company? is there still a way to keep our house after filing for Bancruptcy?