Question: I currently reside in my girlfriends home, she declared bankruptcy Jan 1/10 how long do I have to get out of the house before the bank repossess it? I don’t want to loose any of my belongings?
Answer: It depends on how far in arrears she is on her mortgage payments. Banks generally begin foreclosure proceedings when you are at least three months in arrears, but it can often take longer than that before they are in possession of the house.
If you are certain that the bank will be taking the house, the best solution is to find a place to rent now and move, so that you are not waiting until the last minute to find a place to live.