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Tag Archives: mortgage
Can I Get Rid Of A Judgment In A Bankruptcy?
Can I get rid of a judgment in a bankruptcy? The answer is that it depends. A judgment is an decision by a court. This occurs after a lawsuit has been filed, you have been served with the suit, and … Continue reading
Myth No. 9: If You Own A Home You Must Give Up Your Home If You File For Bankruptcy.
If you already own a home you must give up your home if you file for Bankruptcy. To the contrary both Chapter 7 and Chapter 13 can be used to keep your home. Your home mortgage is a secured debt. … Continue reading
Posted in Bankruptcy
Tagged arrearage, arrears, Chapter 13, Chapter 7, debt, Kevin Gipson, mortgage, new orleans bankruptcy attorney, Plan
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Myth No. 8: You Can Never Own A Home If You Have Filed For Bankruptcy
You can never own a home if you have filed for Bankruptcy. False. To the contrary, assuming that you otherwise qualify, (Have a down payment, closing costs, a job, etc.) it is likely that you would be able to purchase a … Continue reading
What Is A Chapter 13 Bankruptcy?
A Chapter 13 Bankruptcy is generally used by a debtor who is behind on payment of a secured debt such as a mortgage or a car note. The debtor using a Chapter 7 bankruptcy creates a payment plan to catch up on … Continue reading