
Avoid THESE Bankruptcy Mistakes and Save Your Home – PandA Law Firm
In this video, Judah Zakalik, Esq., a Founding Partner of PandA Law Firm explains the impact of filing bankruptcy on your mortgage and provides crucial insights for homeowners facing financial difficulties. Filing for bankruptcy can feel overwhelming, especially when you have a mortgage to manage. Judah breaks down how both Chapter 7 and Chapter 13 bankruptcies affect your mortgage, your ability to keep your home, and what happens if you’re behind on payments when you file. SPOILER: In most cases, you WILL NOT LOSE YOUR HOME if you file bankruptcy! From halting foreclosure with the automatic stay provision to the option of surrendering or keeping your home, this video will help you understand your options.
Judah also covers the long-term effects on your credit, refinancing options after bankruptcy, and how you can still buy a home post-bankruptcy. Learn about the “walk-away” option, how second mortgages and HELOCs are handled, and what steps you need to take to rebuild your financial future. If you’re unsure how bankruptcy affects your home ownership, this video provides the guidance you need to make informed decisions. And don’t forget, you can always reach out to PandA Law Firm (or a law firm local to you) for personalized advice on your specific situation.
Disclaimer: The information provided in this video is for educational and informational purposes only and should not be construed as legal advice. Viewing this video does not establish an attorney-client relationship with PandA Law Firm or any attorney appearing in this (or any of) our videos. Comments and replies made on this video are not confidential, nor are they specific to any situation, and therefore do not constitute legal advice. Past performance is not indicative of future results. If you have a specific problem, please contact an attorney directly.



