Your Home in Chapter 7 Bankruptcy

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What will happen to your home and mortgage in Chapter 7 bankruptcy? Can Chapter 7 help you prevent or avoid foreclosure?  

In Chapter 7 bankruptcy, the homestead exemption protects many people's homes. But if you have lots of equity in your home, you might lose it. And if you are behind in your mortgage, Chapter 7 does not provide a way to catch up. Find out more below.

For articles on real estate other than your home, see  Rental and Investment Property in Bankruptcy.

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By clicking "Find a Lawyer", you agree to the Martindale-Nolo Texting Terms. Martindale-Nolo and up to 5 participating attorneys may contact you on the number you provided for marketing purposes, discuss available services, etc. Messages may be sent using pre-recorded messages, auto-dialer or other automated technology. You are not required to provide consent as a condition of service. Attorneys have the option, but are not required, to send text messages to you. You will receive up to 2 messages per week from Martindale-Nolo. Frequency from attorney may vary. Message and data rates may apply. Your number will be held in accordance with our Privacy Policy.

You should not send any sensitive or confidential information through this site. Any information sent through this site does not create an attorney-client relationship and may not be treated as privileged or confidential. The lawyer or law firm you are contacting is not required to, and may choose not to, accept you as a client. The Internet is not necessarily secure and emails sent through this site could be intercepted or read by third parties.

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