In general, you do not lose any assets in a Chapter 13. The trade-off is that you must pay out to your creditors at least as much as they would get in a chapter 7 liquidation.
However, if your house has mortgages against it and you fail to make the required mortgage payments, then the creditors can seek permission from the bankruptcy court to foreclose on the property.
I hope this answers your question.
Mark J. Markus, Attorney at Law
Handling exclusively bankruptcy law cases in California since 1991.
http://www.bklaw.com/
bankruptcy blog: http://bklaw.com/bankruptcy-blog/
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