Chapter 13 gives you a unique, safe, flexible, and practical way to protect home equity that is larger than your homestead exemption. The Problem of Too Much Home Equity Our last two blog posts were about protecting the equity in your home through the homestead exemption. Two weeks ago was about protecting the current equity; last week about protecting future equity. The blog … Read More
Protect Future Home Equity with Bankruptcy Now
An underappreciated benefit of filing bankruptcy now is that doing so will protect the equity that your home will build in the future. Our last blog post discussed how to protect the equity currently in your home through the homestead exemption. We discussed property exemptions in bankruptcy in general, and federal and state homestead exemptions in particular. Overall we showed how … Read More
The Homestead Exemption in Chapter 7 Bankruptcy
The homestead exemption protects the equity you have in your home. If you don’t have too much equity, consider Chapter 7 bankruptcy. Our last two blog posts outlined 15 separate ways that bankruptcy can protect your home now and/or in the future. We’ll be explaining each one of these ways in 15 separate blog posts. Here is the first … Read More
Use Chapter 13 to Protect More Home Equity
If your home is exposed to your creditors and to the Chapter 7 trustee because it has too much equity, Chapter 13 can protect that equity.
Ten Ways to Keep Your Kentucky or Indiana Home through Chapter 13
These 10 tools, especially used in combination, can defeat your mortgage debt and other home-based challenges.
Chapter 7 vs. Chapter 13–Delay Your Home Sale
In a Chapter 13 case you can schedule to sell your home as part of the court-approved plan, or leave it more flexible.