Articles Tagged with condo fee debt discharge

Bankruptcy Lawyer Bryan W. Stone answers the question: “Can I keep my house if I file bankruptcy?”

Many debtors are concerned about how filing for bankruptcy would affect their chances of buying a house. Contrary to popular belief, assuming you would otherwise qualify, you will not have to wait a decade after a bankruptcy filing before you can buy a house. However, there are several things to do when purchasing a home post-bankruptcy.

Charlotte Bankruptcy Lawyer Bryan W. Stone of Arnold & Smith, PLLC answers the question “Can I keep my house if I file bankruptcy?”

Most people assume that bankruptcy means a blank slate, a chance to start over fresh. While this is true with some categories of debt, it is important to note that a bankruptcy will not wipe away everything. Under the Bankruptcy Code, there are some categories of debt that are exempt form discharge, know as Section 523 exceptions. These exceptions apply to individuals filing Chapters 7, 11, 12 and, with some caveats, Chapter 13 bankruptcies. To find out more about the debts that you may never be able to fully escape, keep reading.

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