If you lose your home to Foreclosure . . .
If you cannot afford to pay for your home, if you cannot eventually get a loan modification, if a Chapter 13 just won’t work for you, then you will lose your home.
Bankruptcy Attorney David Nelson
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If you cannot afford to pay for your home, if you cannot eventually get a loan modification, if a Chapter 13 just won’t work for you, then you will lose your home.
You may be able to strip your 2nd mortgage or home equity line of credit, Heloc, off of your home in a Chapter 13.
If you’re like most of us, you’re planning to retire on your 401k or other similar Retirement plan. And you’re wondering if Walmart and McDonalds will have too many “senior” team members when you get there.
Updated on June 13th, 2018.
While it is true that you may be able to strip these off of your home in a Chapter 13, in a Chapter 7, you may still be able to effectively ignore it (for a while) and keep your home.
THE BANKRUPTCY CODE SPECIFICALLY ALLOWS IT!