In some cases, filing Chapter 7 bankruptcy does not automatically mean losing a home.

If payments are missed during a Chapter 13 bankruptcy, it does not automatically end the case. In some situations, an attorney can request permission from the court to allow missed payments to be addressed without dismissing the plan.

Chapter 7 bankruptcy is a liquidation process where a trustee may sell assets to repay debts, while Chapter 13 is a structured repayment plan designed to help individuals catch up over time.

Bankruptcy can be a strong option for homeowners who are behind on mortgage payments or facing foreclosure.