Legal Question in Bankruptcy in Maryland
Bankruptcy Chapter 13
If you are filing chapter 13 and you are including the back debt (to avoid foreclosure)on a house in which the loan is only in your name (and this is not your primary residence) but the deed is in your name plus 2 other people (which are not filing chapter 13) is the house safe due to other people being on the deed or will it have to be sold?
Asked on 8/17/06, 12:07 pm
1 Answer from Attorneys
Re: Bankruptcy Chapter 13
If you are the obligor on the loan, and you are a joint owner of the property, you may certainly file Chapter 13 to catch up on arrears, and prevent foreclosure. Our firm would be glad to assist, if you are interested.
Answered on 8/17/06, 12:28 pm
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