Keep Your Home in Chapter 7 Bankruptcy

Many people who are considering filing for bankruptcy may worry about what is to become of their property, including their home in the process. Depending upon the circumstances of your home ownership and present financial situation, it may be possible to retain your house despite a bankruptcy filing. A successful bankruptcy filing may prevent your home from falling into foreclosure if you are struggling to keep up with your mortgage payments.

If you are worried about the effect of your current financial distress upon your ability to retain your home, we may be able to help. Contact the skilled experienced New Orleans Chapter 7 bankruptcy attorneys of the Law Office of David D. Kervin, Jr., LLC, at 504-599-5906 to schedule a free initial consultation.

About Chapter 7

A successful Chapter 7 bankruptcy filing will result in the forgiveness, or “discharge” of many different kinds of debt that may be weighing on your life. Credit card debts, personal loan debts, business debts, and even mortgage debts might be erased. Attempting to eliminate mortgage debt through bankruptcy is likely to result in losing your home, so it is generally advisable if you wish to retain a property that you simply use the bankruptcy to provide more time for your repayment.

Although you can file for bankruptcy protection on your own, the complicated laws and procedural details that shape the process make this generally unwise. A bankruptcy attorney can help you to avoid making critical errors and can help you to identify the best path toward the resolution of your debt situation.

Contact Us

If keeping your home is a priority, the New Orleans bankruptcy attorneys at the Law Office of David D. Kervin, Jr., LLC will work hard to help you avoid foreclosure. For an attorney that will provide compassionate personal care, contact us today at 504-599-5906.