Legal Question in Bankruptcy in California
chapter 7 vs 13
is there a way to file chapter 7, keep primary residence and eliminate all unsecured debt. Plus eliminate then late payments on the mortage...we are 5 months late on the mortage...unemployed past 2 years.....
Asked on 6/05/09, 8:08 pm
1 Answer from Attorneys
Carl Starrett
Law Offices of Carl H. Starrett II
Re: chapter 7 vs 13
A chapter 7 discharge would eliminate most of your unsecured debt but not the past due mortgage payments. That can only be done in a Chapter 13 or through a voluntary agreement with the lender.
Answered on 6/06/09, 7:36 pm
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