What happens to a person's mortgage payments

[Book Girl]

when they file for bankruptcy? Do just the late fees go away? I was looking to buy I house that some friends of freinds owned. I had been told they were going to lose the house due to foreclosure. They ended up filing for bankruptcy. What happens with this house case? Are they just forgiven for missed payments and late fees or is there a chance they can lose the house after all? I am still interested in the property. I don't know them well enough to bring this up with them personally. From what I understand thgey had already made alterntive living arrangments. I'm just trying to gauge what my chance of acquiring this property is

[Ask M]

Only their lawyer can answer those questions

[Ricky H]

Laws are different from state to state. I live in Florida, if I filed bankruptcy my home is protected by state law. A creditor can put a lean on my home, but cannot take it until I die, but the bankruptcy would remove the lean.