Will they take my home if my mortgage is discharged?
With the economy being so unbelievably bad, I am falling behind on my bills. I also have poor credit and was declined to refinance my mortgage. I think that bankruptcy is my best option and I think that I will pass the means test. Will my home be taken and foreclosed by the bank if I declare for bankruptcy? The reason that I ask is because I barely have enough to pay my mortgage but then I would have nothing for anything else.
Answered By: Lorene Lynn Mies, APLC
You need to make an appointment with a bankruptcy attorney. Many questions need to be answered before I can correctly respond. Give my office a call.
Answer Applies to: California
Replied: 8/27/2010
Disclaimer: The response above does not form an attorney-client relationship. This answer may or may not apply to you and should not be relied upon as legal advice. LawQA does not make any representation as to the expertise or qualifications of this attorney. This attorney may or may not be admitted to state bar of your state.
Answer Applies to: California
Replied: 8/27/2010
Disclaimer: The response above does not form an attorney-client relationship. This answer may or may not apply to you and should not be relied upon as legal advice. LawQA does not make any representation as to the expertise or qualifications of this attorney. This attorney may or may not be admitted to state bar of your state.
Answered By: Diefer Law Group, P.C.
You really need to see an attorney. If you want to keep the house, you need to pay the first deed of trust.
Answer Applies to: California
Replied: 8/24/2010
Disclaimer: The response above does not form an attorney-client relationship. This answer may or may not apply to you and should not be relied upon as legal advice. LawQA does not make any representation as to the expertise or qualifications of this attorney. This attorney may or may not be admitted to state bar of your state.
Answer Applies to: California
Replied: 8/24/2010
Disclaimer: The response above does not form an attorney-client relationship. This answer may or may not apply to you and should not be relied upon as legal advice. LawQA does not make any representation as to the expertise or qualifications of this attorney. This attorney may or may not be admitted to state bar of your state.
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