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Home Mortgage during bankruptcy

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Anonymous
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Home Mortgage during bankruptcy

I am considering filing chapter 13 bankruptcy to reorganize my debt, what will happen to my home mortgage, it is current and i would like to continue to pay the full amount of payments during the bankruptcy is that possible.

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Anonymous
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Re: Home Mortgage during bankruptcy

Yes, it is easily more than possible to keep paying your mortgage.  Some districts will put the mortgage payment in the Plan, others will have the mortgage in the plan, but have you pay it and not the trustee, as is the case with mine.  I have now completed my plan payments, with 100% of all secured and non-secured debt paid...now the wait for administrative goodness prior to getting the discharge.

 

John

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