Can I keep paying for my house if I file Chapter 13? - Bankruptcy Law Questions and Answers- LawQA.com

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Can I keep paying for my house if I file Chapter 13?

If I file chapter 13, can I keep paying for my house?

Answer By Janet Lawson
Janet A. Lawson Bankruptcy Attorney
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Yes, that is the point of Chapter 13. If you have any equity, do not file this case on your own.

Answer Applies to: California
Replied: 2/1/2012

Answer By Kevin Heupel
Heupel Law
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Yes.

Answer Applies to: Colorado
Replied: 1/26/2012

Mercado & Hartung, PLLC
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Yes, you will have to pay for it in the 3-5 year plan.

Answer Applies to: Washington
Replied: 1/26/2012

Answer By David VanDyke
Bird & VanDyke, Inc.
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Yes.

Answer Applies to: California
Replied: 1/26/2012

Answer By J.M. Cook

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Yes, you will need to continue to pay in order to keep your house. You will normally do so through your plan.

Answer Applies to: North Carolina
Replied: 1/26/2012

Answer By Bill Zurinskas
Bankruptcy Law Center
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Most debtors keep their homes in chapter 13 bankruptcy and even if you are behind in your mortgage payments Chapter 13 bankruptcy often is used to cure a default on a mortgage. If you have equity in your home beyond the applicable homestead exemption, it is possible to keep your home in chapter 13 bankruptcy. Get a free consultation with an experienced local chapter 13 bankruptcy attorney.

Answer Applies to: Colorado
Replied: 1/26/2012

Answer By Darren Aronow
The Law Office of Darren Aronow, PC
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Yes, if you are keeping your house you should keep paying or you will just accrue more arrears and it will make your payment to the trustee increase.

Answer Applies to: New York
Replied: 1/26/2012

Ashman Law Office
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Possibly. A warning: if you want to have a chapter 13 fail and possibly lose your home, file pro se. If you want to find out how to keep property, get a lawyer. That's your best choice.

Answer Applies to: Georgia
Replied: 1/25/2012

Answer By Louis Haskell
Law Office of Louis S. Haskell
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Yes, you may keep the house and keep paying your mortgage. If you are behind on your mortgage, you may also use the ch. 13 to reorganize the arrears. If you have significant equity in the house, you can use the ch. 13 to protect that equity. As a general rule, if you are current in your mortgage payments, and do not have a lot of equity in your house (in Massachusetts that could be $500,000 in equity), then you can keep your house in any bankruptcy chapter, including ch. 7 and ch. 13.

Answer Applies to: Massachusetts
Replied: 1/25/2012

Grace Law Offices of John F Geraghty Jr.
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Yes you can redeem this debt as part of the plan.

Answer Applies to: Georgia
Replied: 1/25/2012

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