Coronado Ntl Forest, AZ asked in Bankruptcy for Arizona

Q: I recently moved to Tucson, AZ and want to see if I can file for bankruptcy to save my house from foreclosure in Texas?

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2 Lawyer Answers
Adam Studnicki
Adam Studnicki
Answered
  • Phoenix, AZ
  • Licensed in Arizona

A: More information is needed as to whether it would save your house from foreclosure or just postpone the inevitable. Talk to a Bankruptcy lawyer.

Leonard Sominsky
Leonard Sominsky
Answered
  • Bankruptcy Lawyer
  • Phoenix, AZ
  • Licensed in Arizona

A: To properly answer this question, I would need more information, however, generally only a chapter 13 bankruptcy can permanently save a home from foreclosure by curing the mortgage default over a period of 36-60 months. To determine if chapter 13 is right for you depends on your expenses and disposable income. You really should consult an experienced bankruptcy attorney before the foreclosure sale date.

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