Posted on: 14th Aug, 2010 09:38 pm
can i keep my home if i own it outright and file chapter 7 bankruptcy in the state of wa?
Welcome pauladamom,
You may be able to own the property though you file Chapter 7. You will have to list the property as your asset when you file bankruptcy but you don't have to include it in your filing. But as the property is free and clear, the trustee can sell it off to pay off your creditors.
You may be able to own the property though you file Chapter 7. You will have to list the property as your asset when you file bankruptcy but you don't have to include it in your filing. But as the property is free and clear, the trustee can sell it off to pay off your creditors.