Michigan Bankruptcy Blog

How Does my Home Equity Affect my Chapter 13 Bankruptcy?

How Does my Home Equity Affect my Chapter 13 Bankruptcy?

You Won't Lose Your House in a Chapter 13—But You May Pay More Home Equity in Chapter 13 Bankruptcy Increasing home equity with rising real estate prices in many areas of Metro Detroit is one thing that many are thankful for this Thanksgiving holiday. However, when considering Chapter 7 or Chapter 13 bankruptcy, it is important to remember that all assets, including your home, are at issue in the bankruptcy process. In a Chapter 7 bankruptcy, the consequence of ...

Posted on November 22nd, 2017 by John Hilla - Michigan Bankruptcy Attorney in Michigan Bankruptcy

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