Girard, OH asked in Bankruptcy for Ohio

Q: Ohio Bankruptcy question

I own a house with a mortgage but both units are being rented out.

I have a rental property that I co- own with someone and that property is being rented out.

Can I file bankruptcy without losing my house with mortgage attached or rental, If so, what chapter

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1 Lawyer Answer
Kenneth L. Sheppard Jr.
Kenneth L. Sheppard Jr.
  • Bankruptcy Lawyer
  • Columbus, OH
  • Licensed in Ohio

A: 7 and/or 13 may be available to you. The answer depends on equity, income, and other issues involve being current on the mortgage. A much closer analysis with you is needed before any bankruptcy attorney can properly answer the question. Great question though. The attorney can review your specific situation and let you know what type of bankruptcy you would be looking at to file.

Timothy Denison agrees with this answer

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