IS IT POSSIBLE TO FILE BANKRUPTCY WITHOUT LOSING MY HOME?

I AM A HOME OWNER. I LIVE CHECK TO CHECK. AFTER PAYING MORTGAGE, UTILITIES, CAR INSURANCE AND A PREVIOUS BANK LOAN, I AM BROKE. I HAVE BETWEEN $16-18,000 CREDIT CARD DEBT THAT I HAVE STOPPED PAYING ON IN ORDER TO PAY FOR THE BILLS MENTIONED ABOVE.

Asked on May 26, 2009 under Bankruptcy Law, Ohio

Answers:

MD, Member, California Bar / FreeAdvice Contributing Attorney

Answered 11 years ago | Contributor

Oh boy -- well it depends on the type of bankruptcy, how the trustee handles and helps the situation and what the judge decides.  Also, you may be able to reaffirm your debt with your mortgage lender, still have to pay the mortgage to save your home. 

Try www.attorneypages.com to look for a bankruptcy attorney in Ohio and check his or her record at the Ohio State Bar. Also, check out the following:

https://bankruptcy-law.freeadvice.com/consumer_bankruptcy/


IMPORTANT NOTICE: The Answer(s) provided above are for general information only. The attorney providing the answer was not serving as the attorney for the person submitting the question or in any attorney-client relationship with such person. Laws may vary from state to state, and sometimes change. Tiny variations in the facts, or a fact not set forth in a question, often can change a legal outcome or an attorney's conclusion. Although AttorneyPages.com has verified the attorney was admitted to practice law in at least one jurisdiction, he or she may not be authorized to practice law in the jurisdiction referred to in the question, nor is he or she necessarily experienced in the area of the law involved. Unlike the information in the Answer(s) above, upon which you should NOT rely, for personal advice you can rely upon we suggest you retain an attorney to represent you.