Will they take my home if my mortgage is discharged? 3 Answers as of August 27, 2010

With the economy being so unbelievably bad, I am falling behind on my bills. I also have poor credit and was declined to refinance my mortgage. I think that bankruptcy is my best option and I think that I will pass the means test. Will my home be taken and foreclosed by the bank if I declare for bankruptcy? The reason that I ask is because I barely have enough to pay my mortgage but then I would have nothing for anything else.

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Diefer Law Group, P.C.
Diefer Law Group, P.C. | Abel Fernandez
You really need to see an attorney. If you want to keep the house, you need to pay the first deed of trust.
Answer Applies to: California
Replied: 8/24/2010
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