Q: I live in New Jersey and own a home. I would like to know if I file bankruptcy if I would lose my house?
A: No, you do not have to lose your home. In fact by filing a Complex Chapter 13 Bankruptcy and seeking a mortgage loan modification through the Bankruptcy Court's mortgage modification. You need to retain an experienced mortgage foreclosure defense and bankruptcy attorney, who has a proven track record of success. You need to retain the best attorney you can afford.
A: It depends on what it is worth, how many people are on the deed and what liens exist against it.
A: Not necessarily. You should hire an experienced bankruptcy attorney to assess your financial situation.
A: No you don’t have it lose your home if you file bankruptcy. It’s best to speak with a Bankruptcy lawyer who can review your case and determine which exemptions would be right for you!
Karra L. Kingston Esq.
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