Question by Ebony girl: What type of bankruptcy can I file for If I have 1 house and an apartment building?
I need to file for bankruptcy but Im not sure on the steps

I own a 3 bedroom House, and I own a 4 apartment building,
My home is being foreclosed on right now, what can I do to file for bankruptcy?
How do I file for bankruptcy?

Best answer:

Answer by John P
You have only one option and that is to see a bankruptcy lawyer and get some advice from the man/woman that knows. The bankruptcy laws have changed over the years and bankruptcy lawyers do not use this site. You could end up loosing everything because if you have a mortgage on the 2 properties you do not own the property, the lien holder does. You owe them money and they hold the property as collateral, if you don’t pay they will take back their property.

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