homestead Archives

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.

Bankruptcy law sets a maximum dollar amount of protection for your recently-bought home, but this really applies to only a few states.

Every 3 years many of the dollar amounts in the bankruptcy statutes are adjusted for inflation. Here's a summary of the important changes.

Chapter 13 gives you up to 5 years to catch up on your past-due mortgage. How does this actually work?

Not only is the foreclosure rate climbing for older mortgage holders, it is climbing faster than it is for younger ones.