Legal Question in Bankruptcy in Massachusetts
Save home in MA
I was trying to grow my business but it did not work out. I took serious personal loans to finance the company. Is there a way to protect the home (mortgaged) for my family?
Asked on 10/03/08, 5:55 pm
2 Answers from Attorneys
Mildred Phillips
Mildred N. Phillips, Attorney at Law
Re: Save home in MA
There is a way to save your family home. However, you need to consult with an experienced bankruptcy attorney in your area to explore all of your options.
Answered on 10/04/08, 3:14 am
William McLeod
McLeod Law Offices, PC
Re: Save home in MA
The short answer is: yes...but....
There's a lot of variables here: when did you buy your home, how much equity is there, are there any one issues related to the "serious personal loans." The only way you can really get the best answer you can rely on is to be able to provide these details to an attorney (who might have some other questions).
Good luck!
Answered on 10/03/08, 8:18 pm
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