answersLogoWhite

0

Will filing chapter 7 save a home?

Updated: 8/16/2019
User Avatar

Wiki User

15y ago

Best Answer

No. You still have to pay the mortgage.

User Avatar

Wiki User

15y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Will filing chapter 7 save a home?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Can you rent out your home after filing chapter 7?

Sure.


Can you include your home filing chapter 7?

by law you must


Can I rent an apartment or home after filing a chapter 7?

I think so...


Does income count AFTER you file chapter 7?

A person's income does not count after filing chapter 7 bankruptcy. All that counts is what you had before filing bankruptcy.


When filing chapter 7 do they come to your home to check for personal belongings?

No. Such would be very unusual.


In a Chapter 7 bankruptcy a person filing for relief is called a?

In a Chapter 7 bankruptcy, a person filing for relief is called a


Which bankruptcy is for a home?

You can file either Chapter 7 or Chapter 13 as a homeowner. If you are trying to save the home from foreclosure, then Chapter 13 would be the proper chapter.


When do you get discharged from a chapter 7?

about 4-5 months after filing chapter 7.


Your mortgage is 7 months behind if you have a prior Chapter 7 which was discharged in may 2007 can you file again to save your home?

There are two parts to this answer. The first is if you are trying to "SAVE" your home you would not be filing a chapter 7. YOu would be filing a chapter 13 Which is designed for you to be able to keep your assets that have fallen into delinquency such as your home or vehicle. Chapter 13 put you into repayment plan for the 7 months that are past due spread out over 3-5 years. Chapter 7 is a liquidation of debt if your were able to file again...Which brings us to part two of the answer you would be saying in essence you want to let your house go and liquidate or zero out any remaining balance. There is a 8 year waiting period before you can file another 7 anyway and that is not the plan you need.


What can be done to attain employment at 60years old after filing chapter 7 bankruptcy What if there is reasonable reason for filing chapter 7 Could the reason for bankruptcy be told to the employer?

How to get after job filing chapter 7 bankruptcy once it appears on the credit report


Can a bank decrease unused portion of existing home equity line of credit after filing for chapter 7 bankruptcy?

if you want it to


Can you vote after filing chapter 7 bankruptcy?

Yes you can.