Filing a joint bankruptcy in Tennessee with three dependents, 28,000 equity in home, will we be able to keep our home?

Whether or not you can keep your home depends on which bankruptcy chapter you are filing, and what exemptions you have under applicable law. Exemptions are "protections" for value you have in certain assets such that they are "exempt" from collections.  Every state has different exemptions amounts available. Exemption laws are based on the state where you resided for the 2 years prior to filing your bankruptcy case or, if you lived in more than 1 state during that period, in the state where you resided for the greater part of the 180 days prior to that 2 year period. Assuming Tennessee exemption law applies in your case, it looks like if you have children living with you, you get a $50,000 homestead exemption if filing jointly, so that should be enough to cover $28,000 in equity, but you need to consult with a bankruptcy attorney in your area for more details about your specific situation. Mark J. Markus, Attorney at LawCertified Bankruptcy Law Specialist--State Bar of California Board of Legal SpecializationHandling exclusively bankruptcy law cases in California since 1991.http://www.bklaw.com/bankruptcy blog: http://www.bklaw.com/bankruptcy-blog/Follow Me on Twitter:  @bklawr