Does bankruptcy allow me to keep my home if mortgage is still owed and we cannot pay? 9 Answers as of June 29, 2017

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Ronald K. Nims LLC | Ronald K. Nims
No, bankruptcy will allow you to keep your home if you can pay the mortgage but nothing will allow you to keep a house without paying.
Answer Applies to: Ohio
Replied: 6/29/2017
Eranthe Law Firm
Eranthe Law Firm | Cate Eranthe
No. There is no way to keep a home that you can't afford to pay for.
Answer Applies to: California
Replied: 6/20/2017
Stephens Gourley & Bywater | David A. Stephens
It does not unless the mortgage company consents. I have never seen them consent.
Answer Applies to: Nevada
Replied: 6/20/2017
GARCIA & GONZALES, P.C.
GARCIA & GONZALES, P.C. | Richard N. Gonzales
Not generally. But you can sell the home to keep your equity. Meet with an experienced lawyer to show you how to isolate your money from creditors.
Answer Applies to: Colorado
Replied: 6/20/2017
Janet A. Lawson Bankruptcy Attorney
Janet A. Lawson Bankruptcy Attorney | Janet Lawson
You have to pay the mortgage to keep it. Bankruptcy does not wipe out mortgages on residential property.
Answer Applies to: California
Replied: 6/20/2017
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