The answer is yes, if you are filed a chapter 7 bankruptcy in which to save your home you can still do that if you have not yet received a bankruptcy discharge. If you are still in chapter 7 bankruptcy, and have included your home mortgage, and now wish to save your home you do have an option, convert to a chapter 13 bankruptcy. In chapter 13 bankruptcy, you are allowed to repay your delinquent payments while still making your normal monthly payment. Thus in a chapter 13 bankruptcy you can save your home from foreclosure. But if you've received a discharge from chapter 7 bankruptcy, you cannot convert it into a chapter 13 bankruptcy, unless you reopen the case and the bankruptcy court allows you at that point to convert to a chapter 13 bankruptcy.
I have responded to your inquiry according to the laws of Massachusetts, where my firm is located. Laws can vary significantly from state to state and cases tend to be rather fact-specific, so you are best served by consulting with a knowledgeable attorney in weighing your options.
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Joseph F. Botelho, Esq. BOTELHO LAW GROUP Attorneys At Law http://fallriverbankruptcyattorney.com/ 901 Eastern Ave. Unit 2 Fall River, MA 02723 Office: 888-269-0688 FAX: 877-475-8147
Answered on Mar 11th, 2014 at 12:36 PM