{"id":11,"date":"2023-12-15T13:41:02","date_gmt":"2023-12-15T13:41:02","guid":{"rendered":"http:\/\/www.thecooperlawfirm.com.php8-43.lan3-1.websitetestlink.com\/blog\/?p=11"},"modified":"2024-02-22T14:10:14","modified_gmt":"2024-02-22T14:10:14","slug":"will-i-lose-my-home-if-i-file-bankruptcy","status":"publish","type":"post","link":"https:\/\/www.thecooperlawfirm.com\/blog\/will-i-lose-my-home-if-i-file-bankruptcy\/","title":{"rendered":"WILL I LOSE MY HOME IF I FILE BANKRUPTCY"},"content":{"rendered":"

The short answer is absolutely not!\u00a0 However, if you file bankruptcy of any type, you must make your normal monthly payments toward the each mortgage that you have on your property.\u00a0 The key in a bankruptcy if you are hopelessly behind on your payments is to file chapter 13 that allows you to catch up those back payments by paying your regular monthly mortgage payment(s), plus an extra amount each month for as much as 60 months to catch up.\u00a0 Monthly payments on all other debt, plus interest rates are reduced, thereby allowing you to free up sufficient funds to do so.\u00a0 On the other hand if you are current with your monthly mortgage payments and have no funds left over each month after paying basic necessities, you may want to file a chapter 7 bankruptcy, and discharge (i.e. wipe out) all of your unsecured debts.\u00a0 Unsecured debts for consumers includes such things as credit cards, medical bills, signature loans, and finance companies that simply take a lien on household items you have already paid for.\u00a0 In a chapter 7 you would continue to pay your normal monthly payments on your house, cars, and any other debts secured by such things as jewelry, a vacuum cleaner, boat, or other items you had financed when you purchased those if you still owe a balance.\u00a0 We at The Cooper Law Firm have been representing consumers in bankruptcy cases for over 23 years, and have filed thousands of cases that assisted clients with obtaining the fresh start they deserve.\u00a0 We would love to discuss ways in which to help you solve your debt problems so that you can have the peace you deserve, and sleep at night without the worry of financial problems that cause both health problems and relationship problems.\u00a0 Give yourself a break by calling us at 864-271-9911 or 1-800-356-0091, or go online to visit our website at www.thecooperlawfirm.com.<\/a>\u00a0\u00a0 We look forward to hearing from you.<\/p>\n","protected":false},"excerpt":{"rendered":"

The short answer is absolutely not!\u00a0 However, if you file bankruptcy of any type, you must make your normal monthly payments toward the each mortgage that you have on your property.\u00a0 The key in a bankruptcy if you are hopelessly behind on your payments is to file chapter 13 that allows you to catch up… Continue reading WILL I LOSE MY HOME IF I FILE BANKRUPTCY<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,3,4],"tags":[11,22,23,24,25,27,14,35,36],"_links":{"self":[{"href":"https:\/\/www.thecooperlawfirm.com\/blog\/wp-json\/wp\/v2\/posts\/11"}],"collection":[{"href":"https:\/\/www.thecooperlawfirm.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thecooperlawfirm.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thecooperlawfirm.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thecooperlawfirm.com\/blog\/wp-json\/wp\/v2\/comments?post=11"}],"version-history":[{"count":1,"href":"https:\/\/www.thecooperlawfirm.com\/blog\/wp-json\/wp\/v2\/posts\/11\/revisions"}],"predecessor-version":[{"id":12,"href":"https:\/\/www.thecooperlawfirm.com\/blog\/wp-json\/wp\/v2\/posts\/11\/revisions\/12"}],"wp:attachment":[{"href":"https:\/\/www.thecooperlawfirm.com\/blog\/wp-json\/wp\/v2\/media?parent=11"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thecooperlawfirm.com\/blog\/wp-json\/wp\/v2\/categories?post=11"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thecooperlawfirm.com\/blog\/wp-json\/wp\/v2\/tags?post=11"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}