www.Castlelaw-KC.com Many people are extremely worried that they will lose their homes if they file for bankruptcy. This is a natural concern since no one wants to be out on the street. In this video a knowledgeable Kansas City bankruptcy attorney explains what can happen to your home.
By filing bankruptcy, you may actually be able to keep your home and your car. When you are behind on your vehicle and mortgage payments, filing Chapter 13 bankruptcy will allow you to save your home and vehicle by making regular agreed upon payments that your budget allows. If you continue to make these payments through your bankruptcy plan, you will not lose your house or car. If you file for Chapter 7, you will be able to keep your home if you are current on the mortgage payments. In fact, Chapter 7 will allow you to keep any assets that you have as long as you are current with the payments, and it will eliminate your unsecured debts, such as credit card debt and medical bills.
If you’re struggling to make your mortgage payments, then it’s time to speak with one of our skilled bankruptcy attorneys. Our team at Castle Law Office of Kansas City will review with you all of your concerns and debts to decide what the best course of action is for your case. Since every situation is unique, you should contact us at 877-520-6623 for a free consultation today. http://bankruptcy.castlelaw-kc.com/