4. You can Keep your Home even if you are behind on Mortgage payments or in Foreclosure
Regardless of how far behind you are on your Mortgage Payments you can still keep your home by filing a Chapter 13 Bankruptcy. This is true even if a Foreclosure Complaint has been filed and your home is about to be sold. Moreover, you will not be required to make a lump-sum payment of all the past due Mortgage Payments.