January 17th, 2009 by Questions
can we keep our house even if we file for bankruptcy ?
Posted from: British Columbia
January 19, 2009 at 8:55 am, A licensed trustee said:
Whether or ont you may keep your house will depend on the amount of equity you have in your house. Your net equity is the amount of money that would be left for you after the house is sold (selling price minus the costs of closing minus mortgages, etc…).
If you use the links to call a trustee in your area they can give you a pretty good idea over the phone how much equity you have.
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