How Can I File Chapter 7 and Keep My House?

If you're facing bankruptcy, you may be wondering if it's possible to keep your home. The answer is yes, you can keep your home when you file for Chapter 7 bankruptcy protection, but there are a few things you need to know.

First, you'll need to reaffirm your mortgage debt with your lender. This means that you'll have to sign a new contract agreeing to pay back your loan. If you don't reaffirm your debt, the lender can foreclose on your home even though you've filed for bankruptcy.

Second, you'll need to continue making regular payments on your mortgage. If you miss any payments, the lender can start foreclosure proceedings against you.

Third, if you have equity in your home, the trustee assigned to your case may choose to sell it in order to pay off creditors.

The Law Offices of Omar Zambrano has helped thousands of people and businesses in the past to get out of debt and start over.

Our goal is to help you can find a fresh start FAST!

Schedule your free consultation today! By Calling 626-338-5505 or visiting us at 12738 Ramona Blvd Baldwin Park CA 91706