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Homesteaded home in Florida

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Icon Mini Profile angiemetts





Joined: 20 Jul 2010

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Post Posted: Tue Jul 20, 2010 9:01 am    Post subject: Homesteaded home in Florida
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Under Chapter 7 filing, can you keep your home and reaffirm mortgage in Florida if homesteaded?
Icon Mini Profile jameshogg
jameshogg




Joined: 20 Dec 2005

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Location: Nevada
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Post Posted: Wed Jul 21, 2010 1:25 am    Post subject:
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Hi angiemetts,

If you want to save the property while you've filed for Chapter 7 bankruptcy, you should reaffirm your mortgage with your lender. Irrespective of whether or not you've a homestead on it, you would be able to save the property if you reaffirm the loan and pay off the dues.

Thanks
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