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cfortunato, Attorney
Category: Bankruptcy Law
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Experience:  Bankruptcy professor.
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Hello, My question If a mortgage loan was not re-affirmed

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My question: If a mortgage loan was not re-affirmed during bankruptcy but you keep making the payments to stay in the residence, can you still deduct the interest and taxes paid (if eligible) on the loan as before the bankruptcy?
Thank you
Hi JACustomer,
Including a mortgage in a Bankruptcy has no affect on interest and tax deductions. This is the case whether or not the mortgage was re-affirmed. So yes - you would still deduct the interest, and taxes paid, as before the Bankruptcy.
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