My question involves bankruptcy in the state of: Ca.

I have a notice of default on my home. My husband and I were sole propreitors of a business for 14 years and closed 3 years ago. Most of our debt (and loss) was because we had to close. Can I still file a Ch.11 and if so, would I be able to stay in my home without having to make all the payments in 60 monthes? The home loan was a loan to help our business, and it was a balloon payment that became due in March 2011.