Legal Question in Bankruptcy in Virginia

bankrupcy

can you file bankruptcy on everything and still keep your house


Asked on 6/27/07, 12:45 pm

1 Answer from Attorneys
Daniel Press Chung & Press, P.C.

Re: bankrupcy

If you file bankruptcy, it's "on everything," although certain claims are not dischargeable. Whether you can keep your house depends on a number of factors, including whether you can keep making the payments, and whether there is enough equity (after any exemptions) for the trustee to sell it. You need to discuss the specifics with an experienced bankruptcy lawyer.

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Answered on 6/27/07, 1:05 pm


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