To maximize the benefits of filing for bankruptcy, sometimes you have to time your filing just right. If you're facing foreclosure of your home, you may be wondering whether you should declare bankruptcy before or after the bank has taken the home. It depends on a number of factors, but here are two questions that may help you decide what to do.
Are You Trying to Keep the Home?
Whether you should file bankruptcy before or after the foreclosure process has started depends on your ultimate goal for the home.
