Q: Bankruptcy and keep home?
A: Depends on home value, mortgages and equity in property. Those numbers are all needed for a ballpark guesstimate to answer your question.
Peter Maurice Lively agrees with this answer
That depends on many factors, including how much equity you have in your home, whether or not you live in your home, how old you are, who lives with you, whether or not you are current on the payments on your home, what your income and other assets are,and how much your debts are.
Call me for a free consultation and get the right answer, tailored to the facts of your situation.
A: There may be a risk for the sale of a residence in chapter 7 depending upon many factors. Chapter 13 does not present a risk of your residence being sold by the bankruptcy trustee. You should consult with an experienced bankruptcy attorney regarding your facts and circumstances to determine your options.
A: Your question can't be properly answered without more information. Depends on what type of bk, value of property, value of your other property, secured debt on the property, etc. Locate a bankruptcy attorney in your area from this site - or contact me regarding half hour no charge consult.
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