Mobile or manufactured housing is handled roughly the same way non-mobile housing is handled in a Chapter 7: it is property that is possibly securing debt the same way a standard mortgage or even car loan does and is likewise property that may be foreclosed upon if payments for the debt that it secures fall behind. The difference is, naturally, in the possibility that this particular type of home may, as its name implies, be mobile.
To read more about the specific issues regarding mobile or manufactured housing in Chapter 7 and Chapter 13 bankruptcy in Michigan, click here to read our full post on this topic on the new Michigan bankruptcy blog of The Hilla Law Firm, PLLC.
If you are a southeast Michigan resident and are considering filing for bankruptcy, please contact me at (866) 674-2317 or email@example.com to schedule a free, initial consultation.
If you have questions about your mobile or non-mobile home and how it might be handled in the bankruptcy process, please contact me at firstname.lastname@example.org or (866) 674-2317 to schedule a free, initial consultation. Together, we’ll work out the best strategy to protect and preserve your home.