If I am married and filing chapter 7 bankruptcy as a solo filer, how much of my home equity can I exempt?

I am under 50 years of age and have 2 minor children in the household.

Asked on March 4, 2013 under Bankruptcy Law, California

Answers:

FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney

Answered 7 years ago | Contributor

Good question. based upon the brief facts that you have written about with respect to your desire to file for bankruptcy protection, it would seem that you can exempt one half of the home equity in your filing for such protection. To confirm, I would consult with a bankruptcy attorney.


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