ABA Family Legal Guide

Consumer Bankruptcy

Saving Your Home

Going through a bankruptcy can be a disruptive, painful and often frightening process. Of all the difficult prospects people face during bankruptcy, the potential loss of one's home is likely among the most challenging. This section covers what you can do to preserve your home.

1. I am going to declare bankruptcy. What are the chances I can keep my home?
2. I am going to proceed under Chapter 7–what will happen to my house?
3. Under what circumstances would the trustee take our home?
4. What about if I file under Chapter 13–how can I keep my home then?