Legal Question in Bankruptcy in Arizona
Is there a way to save your home after filing for bankruptcy?
My grandma filed for bankruptcy last April and is now in the verge of losing her house. Is there a way to save it?
Asked on 6/04/10, 11:54 pm
2 Answers from Attorneys
Jeff Biddle
Biddle Law Firm, PLLC
She may be able to save it by filing another bankruptcy...a Chapter 13. In a Chapter 13, you can make up any missed payments over a 3-5 year period.
Answered on 6/08/10, 9:47 am
Donald W. Hudspeth
The Law Offices of Donald W. Hudspeth, P.C.
Despite the bankruptcy, you still have to pay the payments, taxes, and insurance on the home. If you do not, you are at risk of losing it.
Jo Ann Joy Attorney/Business Adviser
Answered on 6/09/10, 2:45 pm
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