Legal Question in Real Estate Law in Florida
My daughter is four months behind on her mortgage payments. Would declaring bankruptcy allow her to keep the house?
Asked on 5/22/12, 5:25 am
1 Answer from Attorneys
Veronica Robinson
Law Offices of E.F. Robinson, P.A.
It depends on the type of bankruptcy she files and what she works out with bank during the bankruptcy. Prior to filing for bankruptcy, she should attempt a loan modification. However, if a foreclosure action is filed on the late mortgage payments, all action in the circuit court handling the foreclosure is stayed until the bankruptcy is resolved.
Answered on 5/27/12, 4:55 pm
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