Legal Question in Bankruptcy in Maryland

stopping bankruptcy on a home

My husband and I started procedures on bankruptcy chapter 11 and chapter 13 we have not been to court for the hearings and it has been almost 7 months can we somehow reclaim the residence and if so where would we begin the home is still vacant I was wondering if we could get a second chance instead of the home running down we could save it. We had to do this because my husband was sick and I didn't realize what was happening and because of fear I left him and found out that he was sick returned to find he did not continue the payments we have a good income but the lawyer suggested bankruptcy and not to maintain contact with the debtors. I know this is probably grabbing for straws but I was curious. We are both so afraid to do anything not knowing what to expect.


Asked on 2/07/04, 11:24 am

2 Answers from Attorneys
Carolyn Gilden Krohn Law Offices of Carolyn Gilden Krohn

Re: stopping bankruptcy on a home

I am not sure I understand your situation. Did you file a Chapter 11, a Chapter 13, or both? At what stage are you in those cases? The bottom line is that if you are behind on your mortgage AFTER you filed, it MAY be possible to work out an agreement with the lender on your home. I also do not understand what "hearings" you have not had yet. Do you mean a lift stay hearing due to your lender asking permission to foreclose? There are too many unanswered questions for me to advise you. If you wish to call me, you may do so.

In any event, it makes sense for you to investigate whether or not it is possible to keep your home before you give up entirely.

Carolyn G. Krohn

60 West Street, Suite 220

Annapolis, MD 21401

(410)280-5000

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Answered on 2/07/04, 1:30 pm
Daniel Press Chung & Press, P.C.

Re: stopping bankruptcy on a home

Your question as phrased makes no sense. You can file bankruptcy to save a home from foreclosure, unless some order of a bankruptcy court based on an existing or previous filing would preclude this. You need to see a competent bankruptcy lawyer immediately in order to figure out your situation and advise you. The longer you wait the worse the situation will get. Please feel free to contact me if you want to discuss this - we practice in MD, VA, and DC.

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Answered on 2/07/04, 2:10 pm


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