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If I declare bankruptcy, can I lose my house?

If I declare bankruptcy, can I lose my house?

: Richard West Law Office

While it is possible to lose your house in a bankruptcy, This generally does not happen if you use a bankruptcy attorney, and unless this is the desired result. Most people in both chapter 7 and chapter 13 keep their homes if that’s what they want to do. With the declining real estate values that we’re seeing in our current economy, there are a number of people who could keep their homes but decide that is not in their best interest to do so. Therefore, is not a function of the bankruptcy that causes the consumer to leave the house behind and let it go back to the bank, but rather it is the choice of the consumer.

Client Testimonials

I just want to thank you and your staff for all you efforts during my Bankruptcy process. Every question I had was answered and I feel the process was ... [Read More]
Debt Free Client

I just want to let you know that your office has been excellent at assisting me whenever I have any questions or concerns. With this being a stressful ... [Read More]
Debt Free Client

Thanks ever so much for taking the extended amount of your time to develop and explain all of the bankruptcy options you presented to me. It was the i ... [Read More]
Debt Free Client

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