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

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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

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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

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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

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