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mura5 · Joined: 20 Sep 2010 Posts: 1 1.27 Dollars($)

in california, can i declare bankrupcy if i was awarded the home in the divorce with my ex-husband's name still on the loan? Would I be able to keep my home?

adonis · Posted: Mon Sep 20, 2010 10:08 pm Post subject:

Welcome mura,

If you're filing chapter 7 bankruptcy, then you can reaffirm the mortgage and pay the dues on time and save the property. This will help you in keeping the home.

dipaligopale · Joined: 25 May 2010 Posts: 790 22.70 Dollars($)

Hi mura5,

Welcome to mortgage fit

You have one more option that is chapter 13 BK.In chapter 13 you get a pay-plan according to your current financial situation so that you will be comfortable paying the mortgage payment.
So with chapter 13 you can keep your property from day 1.
for more information on chapter 13 BK you can visit the following link.

http://www.mortgagefit.com/bankruptcy/chapter13.html

Feel free to ask any further query if you have........

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can i declare bankrupcy and keep my home

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