Legal Question in Bankruptcy in Ohio
Our home is going into foreclosure. We know the court date will be December 12, 2011. We would like to know if we would be better off filing bankruptcy before the foreclosure or wait until after the sheriff sale of the home and then file.
Asked on 3/10/11, 6:49 am
1 Answer from Attorneys
David Michael Benson
Benson Law Firm
It depends on your financial situation and whether or not you are planning on staying in the home. If you want to stay in the home, you may want to defend against the foreclosure and attempt to work something out in mediation. If not, you may want to wait until the last possible minute to file bankruptcy. But this can be a complicated decision and is best made in consultation with a qualified bankruptcy/foreclosure attorney.
- BensonBankruptcy.com
Answered on 3/10/11, 7:01 am
Related Questions & Answers
-
If I have a loan and a co signer and the co signer files bankruptcy but keeps that... Asked 3/07/11, 8:21 am in United States Ohio Bankruptcy Law
-
OK, I had a lawsuit against me. I owe my attorneys money ($7300) and now the... Asked 2/19/11, 10:58 am in United States Ohio Bankruptcy Law
-
In the state of Ohio, can past due property taxes be discharged in a Chapter 7... Asked 2/18/11, 1:21 pm in United States Ohio Bankruptcy Law
-
I filed chapter 7 in 2002 the case was discharged in 2003. I filed a chapter 13... Asked 2/18/11, 7:46 am in United States Ohio Bankruptcy Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
