If I file a chapter 7 Bankruptcy, can I keep my house?

Yes as long as you are up to date (or nearly up to date) with your payments. If you are behind on your payments, you will need to file a chapter 13 in order to keep your house.

In a chapter 7 where you want to keep your house, you or your bankruptcy attorney will need to file a "Statement of Intentions" within 30 days or before your Meeting of the Creditors (whichever comes first). After that, you or your attorney will need to file a "Reaffirmation Agreement" that you have worked out with the home loan lender. Be aware, however, that one of the largest lenders in the US refuses to enter into any reaffirmation agreements with bankruptcy debtors, creating an awkward dilemma for bankruptcy filers.

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The Law Office of Matthew D. O'Conner is dedicated to helping clients file bankruptcy while retaining their dignity and pride. We provide assistance, legal counsel and advice and will be able to answer your bankruptcy-related questions and help you file a Washington bankruptcy.

Contact us today at (206) 782-0722 for a free consultation - it's entirely confidential.

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We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.

This web site is for general informational purposes only and is not legal advice.

The information contained on this web site is in no way intended as a substitute for legal counsel, and your receipt of the information does not give rise to a lawyer-client relationship between Matthew D. O'Conner and you. The ramifications of the law for any particular situation depend on a variety of factors, so you should seek professional legal counsel before acting upon any information contained on this web site.