Legal Question in Bankruptcy in Florida

Multiple property owner served with foreclosure trying to save residence

I recently relocated to Florida from Chicago. In Chicago I held a job making $60K currently making $25K. Own a 2 flat in Chicago, mortgage payment is $2,200. Have a single family home in Florida mortgage is $755. My question is as follows I know it would be virtually impossible to save the 2 flat on my salary, however, I can pay for my home I am afraid that when the foreclosure auction takes place a lien will be place on my home for any excess. Can I file Chapter 7 keep my home and my car and start fresh.


Asked on 3/28/02, 8:04 pm

1 Answer from Attorneys
Anthony Comparetto Comparetto Law Firm

Re: Multiple property owner served with foreclosure trying to save residence

Yes you can. For more information go to www.helpwithlaw.com. Anthony Comparetto, Esq., 727-328-7900

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Answered on 3/28/02, 9:21 pm


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