Can you keep your home from being foreclosed by declaring bankruptcy?

Question by Denise T: Can you keep your home from being foreclosed by declaring bankruptcy?
We’re trying to save our home(refinancing and brokers didn’t work) and have gotten nowhere with the mortgage company.They have already started foreclosure.The wacky part is the house is worth more then what we owe!

Best answer:

Answer by John B
Better get an attorney quick! Many times yes.

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2 Responses to Can you keep your home from being foreclosed by declaring bankruptcy?

  1. longleggedmackdaddy says:

    Your option is to go ahead and sell it before the mortgage company forecloses.

  2. jason7 says:

    No. You sell your house. Than pay off your debt. And don’t declare bankruptcy. Cause they well for sure take your house.

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