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Can you keep your house after a bankruptcy?

Updated: 8/20/2019
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11y ago

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Not unless your bankruptcy did the right things to allow you to keep it. If you are not in arrears in your mortgage payments before filing, you have to continue making the payments - preferably before the due date.

If you are in arrears, you must file a chapter 13, with a plan to pay the arrears and whatever part of the unsecured debt you have to pay. Once the plan is completed, you can keep your house. If you get behind in your post-petition payments due, the bank will apply for relief from the automatic stay and you will lose your house.

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11y ago
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Q: Can you keep your house after a bankruptcy?
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Related questions

Can I keep my house and car out of a bankruptcy?

You are normally allowed to keep the house you are living in and one car in a bankruptcy.


Can you keep your house while going into bankruptcy?

No.


Can you file Chapter 7 and keep your house and car?

Whether you can keep your house and car depend on how much equity is in your house and car and the available bankruptcy exemptions within your state. If the bankruptcy exemptions allow you to protect the equity in these assets then you should be able to keep them in bankruptcy.


Can you keep your house if bankruptcy is dismissed for non-payment?

That decision is made by the lender not the bankruptcy court.


What can you keep during bankruptcy?

I kept my house & pick up truck


If bankruptcy is filed can you keep your house with a mortgage?

mabey 87% sure


In chapter 7 can you keep the house?

Yes. you can keep the home. Make sure to consult a bankruptcy attorney


Will you lose your house if you consider bankruptcy?

You can keep the house if you pay the enquity in your house to the trustee and if the mortgage company itself agrees. You can also consider some bankruptcy alternatives read more herehttp://www.totaldebtservices.com/bankruptcy_alternatives.asp


Do you keep your house when you file bankruptcy?

I believe you can, by reaffirming the loan, but I don't know the details.


Can your file for bankruptcy and still buy a house?

i am not 100% about being able to buy a house, but you CAN keep your house if you already own 1,but you do have to pay any equity in the house to your liquidator.


Can i still file bankruptcy if my home is schduled for sheriff's sale?

It depends somewhat on your state law regarding foreclosure sale, but as a rule, you can save your house from being auctioned by filing bankruptcy. Whether you can keep the house depends on a lot of other considerations. Consult a local bankruptcy lawyer.


Can you keep your house in another country if you live in us and you are going in bankruptcy?

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