Legal Question in Bankruptcy in Virginia
mortgage
If I claim bankruptcy and I have a mortgage. Can anyone take my home from me? I do not want my morgage to be part of the bankruptcy.
Asked on 11/17/06, 2:43 pm
1 Answer from Attorneys
John Sawyer
Sawyer & Azarcon, P.C.
Re: mortgage
You cannot exclude your mortgage from any chapter of bankruptcy. Whether you can keep your home or not depends on the chapter of bankruptcy that you file, the equity you have in your property, the manner in which you hold title and whether or not you have joint debts.
You need to speak with a local bankruptcy attorney on this type of issue.
Answered on 11/17/06, 4:10 pm
Related Questions & Answers
-
Homestead Deed I need to file a homestead deed to protect my life insurance policy... Asked 11/13/06, 3:40 pm in United States Virginia Bankruptcy Law
-
Discharged what does it mean when a bankruptcy is discharged and does that mean you... Asked 11/07/06, 10:35 pm in United States Virginia Bankruptcy Law
-
Personal loan after discharge If a personal loan debt was listed on our bankruptcy... Asked 10/24/06, 9:17 pm in United States Virginia Bankruptcy Law
-
Bankruptsy and IRS Is it possible to include unpaid federal taxes in a bankruptsy? Asked 10/19/06, 11:40 am in United States Virginia Bankruptcy Law
-
College Transcripts\Bankruptcy Hello, I had a commercial (non-federal guaranteed)... Asked 8/16/06, 12:13 pm in United States Virginia 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.
