Can your home be foreclosed on if your in bankruptcy ?

April 30th, 2009 by Jarad S.

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Question: can your home be foreclosed on if your in bankruptcy ?

Answer: –  No, not while in bankruptcy.  Bankruptcy only postpones the auction though for 6 to 8 weeks unless you file chapter 13 which is a workout option.  If you fail to meet what’s agreed upon, then the foreclosure begins where it left off.  We wrote a small article about <a href=”http://www.foreclosureuniversity.com/studycenter/freereports/options_of_homeowner.php” target=”_blank”>Bankruptcy</a> you can read more about.

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