home mortgage arrearage Archives

Here are 6 ways filing a Chapter 7 case can help you deal with your home lender and related debts, and 6 ways filing a Chapter 13 one can.

Chapter 7 buys you the crucial time you need in many situations when falling behind in your obligations related to your vehicle or your home.

Filing a Chapter 13 case buys you time and flexibility for catching up on your mortgage arrearage. Lots more of both than in Chapter 7.

As you decide whether to use the powerful tools of Chapter 13 to hold onto your home, it helps to know that you can later change your mind.

Bankruptcy cannot remove contractor's liens or other statutory liens from your home, but both Chapter 7 and 13 can help you deal with them.

You can strip a junior mortgage from the title to your home if the home is not worth enough to have any of its equity covering that mortgage.

You can strip a junior mortgage from the title to your home if the home is not worth enough to have any of its equity covering that mortgage.

Being behind on property taxes is usually a breach of your mortgage. Chapter 13 protects you from your mortgage lender so you can catch up.

Chapter 7 "straight bankruptcy" is quick, usually quite straightforward, and appropriate for more situations than you might think.

Chapter 13 is a creative and flexible way to deal with your debts, often much more powerfully that a Chapter 7 "straight bankruptcy" can.