The first step to take when you are contemplating bankruptcy and you own some real estate.
The first step to take when you are contemplating bankruptcy and you own some real estate.
Can you keep your property through a Chapter 7 bankruptcy? The short answer to this question is: Maybe. It depends on your situation. This is what something called "exemptions" are for. The way I explain it to clients is this: When you file for bankruptcy, something called ...
