QUESTION
If I own a home out right and file bankruptcy can anything happen to my home?
Asked on Sep 30th, 2017 on Bankruptcy - Michigan
1 ANSWER
Administrative Law Attorney serving Ann Arbor, MI
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David J. Hutchinson
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If you are single (or if married and your spouse also needs the bankruptcy), then there is a limit to how much equity in your home you can keep. If you are married and own the home with a spouse, and you are the only one with debt issues, the home will be safe. Good luck.
Answered on Oct 05th, 2017 at 6:09 AM