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  1. 12-02-2008 12:24 AM #1
    kranium67
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    Two Home Loans - Chapter 7

    My friend has two home loans and is unable to pay them back. He has no income. Is there a chance for him to get a discharge for both loans if he files for Chapter 7.
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  2. 12-26-2008 11:38 PM #2
    dmf32835
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    Yes, under chapter 7 bankruptcy income isn't a factor, unlike in a chapter 13 bankruptcy case. Chapter 7 bankruptcy will liquidate (sell off) your assets to satisfy the creditors, so both home loans will be discharged.
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  3. 01-10-2009 06:43 AM #3
    uns007
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    yes you mush have to (sell off) these homes with the help of chap13.
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    Toronto Personal Injury
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