Q: Friend in Pa. owns home outright but credit card debt $45,000. Can she file bankruptcy and keep her home
Her home is worth about $150,000.
A: The answer to your question is yes, but the issue is which Chapter (7 or 13), would be most appropriate for her; the eligibility for each bankruptcy chapter differs.
A: Yes. She probably would have to file a Chapter 13 repayment plan in order to keep her home.
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