This is one of the biggest concerns debtors considering Chapter 7 or Chapter 13 bankruptcy typically face. No one wants to give up their home, and depending on the circumstances of your bankruptcy case, it is likely you won’t have to. In fact, filing a bankruptcy petition can stop foreclosure and give you some time to catch up on missed mortgage payments, if you can afford to do that. In Chapter 7 bankruptcy, you will surrender your nonexempt property to repay your creditors, but you may be able to protect your home with a bankruptcy exemption. In Chapter 13 bankruptcy, you may be able to keep your house if you can continue making the required payments.