Legal Question in Bankruptcy in Pennsylvania

Bankruptcy Law in PA

I own a home. I would like to consider filing for Chapter 7 bankruptcy. Can my home be taken?


Asked on 12/09/99, 4:27 pm

1 Answer from Attorneys
James Smith James E. Smith Ltd.

Re: Bankruptcy Law in PA

I am not practicing right now but you are allowed to keep your home so long as you make your mortgage payments. The Court will not modify the mortgage. I assume you do not have more than $100,000 in equity in your home.

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Answered on 12/10/99, 11:53 am


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