Your Home in Chapter 13 Bankruptcy

Chapter 13 bankruptcy has some advantages over Chapter 7 bankruptcy if you want to keep your home.

If you have significant equity in your home and want to keep it, Chapter 13 bankruptcy may be your best option.
If you are behind in your mortgage, Chapter 13 allows you to catch up through your repayment plan.
You may be able to get rid of (strip off) second mortgages, home equity lines of credit, or home equity loans in Chapter 13 bankruptcy.

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

What Happens to Mortgages in Bankruptcy

If you're worried about your mortgage in bankruptcy, learn how Chapter 7 and Chapter 13 protect your home, cut your loan balance, and help you qualify to buy again after discharge.
How to Value Your Home in Bankruptcy

Your home's bankruptcy value could decide whether you keep it or lose it. Here's how fair market value is calculated and which valuation method fits your case.
Chapter 13 Bankruptcy: What If I Have a Lot of Equity in My Home?

If you can’t exempt all of your home equity with a bankruptcy exemption, you should expect to pay a substantial monthly payment in Chapter 13. Find out how the equity in your home can affect your Chapter 13 payment.
Can I Keep My Home in Bankruptcy if I Am Behind on HOA Dues?

Whether filing for bankruptcy can help you eliminate HOA dues and keep your home will typically depend on whether you file for Chapter 7 or Chapter 13. Learn more.

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What Happens in Bankruptcy If I Am on the Deed to Someone Else's Home?

When you're on someone else's deed, proving you don't own the home could be challenging, which could put it at risk in Chapter 7. The ownership issue could also prevent you from confirming a Chapter 13 plan. Learn more.