Schuyler G. Carroll is a companion in Loeb & Loeb LLP's restructuring and bankruptcy follow. His follow focuses totally on Chapter 11, fifteen and 7 bankruptcy proceedings; distressed acquisitions; creditors' legal rights enforcement; and litigation and advisory get the job done. He located in New York and may be arrived at at [email protected] a
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Consequently, the creditor could possibly be capable to foreclose on or repossess your home unless you carry on to produce payments as agreed (reaffirming the debt) or acquire it outright (redeem the residence).If you don't qualify for Chapter 7, you may still be eligible to file underneath Chapter 13. To qualify for chapter thirteen, your financia