Bankruptcy Home Loan Saved Only Through Chapter 13
http://www.usais.org/articles/20282/1/Bankruptcy-Home-Loan-Saved-Only-Through-Chapter-13/Page1.html
Larence Hubert
Legal Helpers is a debt relief agency helping people to file for bankruptcy relief under the bankruptcy code. We're one of the largest consumer bankruptcy firms. Bankruptcy attorneys answer the phones six days a week and evenings. <a href="http://www.legalhelpers.com">http://www.legalhelpers.com</a>
By Larence Hubert
Published on 01/30/2008
In cases of homeowners filing a Chapter 7 bankruptcy, most likely they are going to lose their home The court typically will order the home sold with the proceeds going to the lender holding the mortgage and, if there is anything left over, the money would go to secondary lenders involved in any claims against the debtor