If my parents file bankruptcy how long can they stay in their house?

There are too many different variables to answer that question.  It depends on your state's laws, who the creditors are (ie the IRS), for what reason they acquired the debt (ie mortgage), and what chapter of bankruptcy they file.  There is a good chance that your parents maybe able to keep their home, should they choose to keep it. You should consult a local bankruptcy attorney.  Most bankruptcy attorneys offer a free initial consultations to determine if you qualify for bankruptcy, and to determine if bankruptcy is appropriate. This is not intended to be legal advice, and is general in its nature. No attorney-client relationship exists or is formed by this information. Furthermore, this does not represent the views or opinions of LexisNexis or its affiliated companies.