Can I keep my home if it’s in another state from being touch by the bankruptcy court?

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Can I keep my home if it’s in another state from being touch by the bankruptcy court?

My home is paid for there because I’ve owned it for several years

Asked on April 9, 2013 under Bankruptcy Law, Florida

Answers:

A J Mitchell / Law Offices of A. J. Mitchell, LLC

Answered 8 years ago | Contributor

Unfortunately, your home would be at risk.  You must disclose ALL assets, real property and personal property, in your bankruptcy schedules.  Given that you have a lot of equity in your out of state real property, the trustee will most certainly express an interest.


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