Legal Question in Bankruptcy in Indiana

Re: Forclosure after bankruptcy

You can't file another chapter 7 bankruptcy for six years after the filing date of your previous petition.

You COULD, however, file a Chapter 13 bankruptcy.

That's a type of bankruptcy in which you pay back part of your debts over a three- to five-year period.

No, you can't make someone else pay our debt.

If you don't pay, then the mortgage holder can foreclose.

The fact that you CAN'T pay because you are having financial problems is not a defense to a foreclosure action.

Hope this information helps!

Re: Forclosure after bankruptcy

First, they cannot chase your husband if he is not a signatory on the loan. You may only file bankruptcy every six years (from the date you file)

If you want to keep the mobile home you do have other options. In a Chapter 13 bankruptcy, you could file a plan which which allow you to pay the lender over 3-5 years the fair market value of the mobile home and discharge the balance of the debt. Since most mobile homes are worth far less than what is owed , you may be able to keep it for a fraction of the debt. You could also discharge the medical bills. I recommend that you see an expeienced bankruptcy attorney asap, most offer free initial consultations. Good Luck!!