Posted on: 21st Jan, 2011 04:47 pm
hi i had a chapter 13 bancrupcy and now behind 2 months ,what would the trustee do to my house?would i lost my house?would they give me enough time to find a new place?
If you haven't made the payments as per the repayment plan offered to you in Chapter 13, then the bankruptcy court will dismiss your case. Thus, the lender will be able to come after your property and foreclose it. You should start looking for a new place to live in asap as the lender won't give you much time to find a new place once the property is sold off.