April 30th, 2007 by Questions
Between myself and my wife we have a combined debt of approximately $120.000 . Due to the loss of a good paying job we find ourselves contemplating bankruptcy as an alternative.
About 10 years ago we bought a property in Costa Rica for our retirement. This property is worth now around $90.000 and is fully paid.
If we file for bankruptcy, do we have to surrender this foreign property?.