Legal Question in Bankruptcy in California
Bankruptcy and Real Property
If I declare personal bankruptcy, can I keep my home (a condo) and a time share, both of which I have no equity in?
Asked on 1/27/98, 7:51 pm
1 Answer from Attorneys
Mark Markus
Law Office of Mark J. Markus
Bankruptcy and Real Property
Yes, there should be no problems keeping property that has no equity, assuming you are current with the payments to any lienholders. If you are in the greater Los Angeles area, please visit my webpage (address below) and give me a call if I can be of any assistance. Mark
Answered on 1/29/98, 11:57 am