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Yes, you can lose it if you do not make the payments on it. A bankruptcy discharge does not erase debt. It renders it nonrecourse -- meaning that you cannot be called upon to personally pay the debt. However, it does not affect liens. Therefore, if you don't pay the debt, the lien can be foreclosed.
What else can I help you with?
What should you do if you want to file bankrupty but your name is on your parents' property and you don't want to lose the property?
File a Chapter 13 Bankruptcy It allows you to keep the property and make payments you can afford.
Can you still file bankruptcy to keep your vehicleeven after they are trying to repo it?
At most it may delay things a very short while. It will still come down to pay for it or lose it....BK won't discharge the debt and let you keep the property for free.
If you make payments every month can you still lose your house?
No, because you are meeting the requirement's of the loan. It is when you stop paying the loan payments that you loose your house. Then, they have a reason to get their money back.
What is the difference between dishonorable discharge and bad conduct discharge?
In dishonorable discharge, you lose your veteran benefits, cannot reenlist, and are often treated as a felon. In bad conduct discharges, you lose your veteran benefits, cannot reenlist, and are often treated as a felon, but you retain your honor.
What happens if i lose my phone in the house and it is nowhere to be found?
What happens if i lose my phone in the house and it is nowhere to be found?
Will I lose my rooms if I change the style of my house on Moshi Monsters?
No, you will not lose your rooms if you change the style of your Moshi Monsters house.
On runescape if your membership runs out do you still keep your house with every think in it and can you still go in it?
no you cannot go inside when your membership runs out by the way now you can buy membership cards in the UK they sell them in whsmith.
Can you lose your active military benefits with a discharge from the National Guard?
Of course. You aren't active duty anymore.
If you move house in sims 2 do the sims lose all their friends?
no you'll still keep your friends but if you delete your sim then you'll lose them............ its true I've done it before and i lost all her friends and I'm only 11
If you served 8 years active duty in the military with one month dishonorable discharge will you lose all benefits?
no
What happens when you almost lose your voice but you still smoke?
You Lose Your Voice
Do dishorably discharged airman receive medical benefits?
you lose access to any potential benefits with a dishonorable discharge, HOWEVER, you CAN apply to have your discharge upgraded to other than honorable, general, honorable etc.
