QUESTION

ri homestead $500,000 exemption

Asked on Feb 23rd, 2015 on Bankruptcy - Rhode Island
More details to this question:
My home is worth $570,000, my 1st mortg is $225,000, my home equity=$448,000 will the RI Homestead help me save my home if I file bankruptcy?
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1 ANSWER

With the caveat that I don't know all of your financial circumstances, I would say that yes it should help you save your home given the facts you provided.   There are other circumstances and factors to consider and I would be happy to discuss it with you.   www.delucalaw.com
Answered on Feb 23rd, 2015 at 12:30 PM

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