Category Archives: Mortgage

Is Reaffirming mortgage debt after bankruptcy smart?

Bankruptcy Attorney

Ohio bankruptcy protection is used to help consumer dig out of debt by eliminating unsecured debt. Your home is protected by the Ohio bankruptcy exemptions, and you may choose to reaffirm your commitment to making timely payments to the lender in order to keep your home. Dayton bankruptcy attorneys often get asked if reaffirming mortgage […]

Can Bankrupt Eliminate My Second Mortgage?

Bankruptcy Attorney

Individuals seeking out the assistance of a Dayton bankruptcy lawyer often ask if bankruptcy can eliminate a second mortgage. In even more extreme cases, people want to know about additional liens past their second mortgage as well. The answer depends on which form of bankruptcy you qualify for, how much equity you have in your […]

Getting an FHA Loan After Bankruptcy

Bankruptcy Attorney

FHA loans are government-backed mortgages, insured by the Federal Housing Administration (FHA). Millions of Americans are attracted to these form of financing due to the less stringent qualifications than some mortgages, in addition to the relatively modest interest rate available. Many clients who visit bankruptcy law firms are concerned that they won’t be able to […]

Property Transfers and Gifts in Bankruptcy

Bankruptcy Attorney

What property do I get to keep in bankruptcy is the primary concern of nearly everyone that files for bankruptcy. For those unfamiliar with the bankruptcy process, the US Bankruptcy Code grants the ability for debtors to safeguard certain types of property. These safeguards or circle of protection are known as “exemptions”. Using exemptions is […]

Should I Stop Paying My Mortgage during my Chapter 13 Bankruptcy?

Bankruptcy Attorney

No matter which type of bankruptcy you’re going into whether it is a Chapter 13 or a Chapter 7 you really should be using a Dayton bankruptcy attorney to assist you. When it comes to your mortgage it is highly important that you keep up your mortgage payments. Otherwise what can happen is the lender […]