Legal Question in Bankruptcy in Georgia

I just had a question regarding filing bankruptcy. Is it a bad thing if you have unsecured cards as part of your bk and those cards are say with Wells Fargo. At the same time one's mortgage is also with Wells Fargo. Is that typically a bad thing? Are they going to try to go after the house or even if the house is exempt are they going to be vindictive and cancel the mortgage?


Asked on 3/15/11, 3:58 pm

3 Answers from Attorneys
Glen Ashman Ashman Law Office also dba Glen Ashman Attorney

Generally one will not affect the other if the case is done properly.

People often can keep their homes in bankruptcy.

My office handles bankruptcies in your county (I have over 30 years of experience) and I'd be glad to assist you.

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Answered on 3/15/11, 4:03 pm
Scott Riddle Law Office of Scott B. Riddle, LLC

You keep your house in or after bankruptcy by making the payments. Bankruptcy does not get you out of those payments if you want to keep the house.

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Answered on 3/15/11, 4:07 pm
Bernd Stittleburg Stittleburg Law Offices, LLC

Generally, one does not affect the other. You can discharge the credit card debt and keep the house provided you can continue to make your mortgage payments. Contact me if you have any other questions. I work with clients to help them out of their debt problems.

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Answered on 3/15/11, 5:06 pm


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