0
This question implies you and your girlfriend own the house together in some way. If there is no equity in the house (it is worth less or as much as is owed on any mortgages) and the mortgage(s) is (are) current, there should be no problem.
If there is equity and the ownership is in equal shares (joint tenancy) she or you will have to pay the trustee half of the equity that cannot be exempted. Exemptions depend on state law. Some states allow you to choose state or federal exemptions. Most require their own exemptions.
You should consult a good bankruptcy lawyer in your area, since there are many technical legal issues involved.
What else can I help you with?
Can I keep my house and car out of a bankruptcy?
You are normally allowed to keep the house you are living in and one car in a bankruptcy.
Can you keep your house while going into bankruptcy?
No.
Can you file Chapter 7 and keep your house and car?
Whether you can keep your house and car depend on how much equity is in your house and car and the available bankruptcy exemptions within your state. If the bankruptcy exemptions allow you to protect the equity in these assets then you should be able to keep them in bankruptcy.
If you sue and get a judgment and then the other person files bankruptcy to keep from paying you will you be notified so you can object to it's inclusion in Bankruptcy court?
You should be.
Can you keep your chequing account If you go bankkrupt?
Yes, if the bank holding the account allows it. When a person files for bankruptcy, depending on the type of bankruptcy you filed.
If a married couple no longer living together own a house and one files bankruptcy should the person filing bankruptcy surrender the house so other can keep house or will it cause other person to lose?
The party that filed bankruptcy will be protected as far as the collections process is concerned. The bank will in response expect the party who has not filed bankruptcy to make all the remaining payments. If this happens, you may want to consult with a lawyer ASAP so that you are making payments on a house that will be co-owned by an X.
What can you keep during bankruptcy?
I kept my house & pick up truck
If bankruptcy is filed can you keep your house with a mortgage?
mabey 87% sure
In chapter 7 can you keep the house?
Yes. you can keep the home. Make sure to consult a bankruptcy attorney
If a bankruptcy is dismissed can you have it removed from your credit?
Yes. I tried to remove a dismissed bankruptcy from my credit report. All agencys were contacted and so was the FTC. They said they had a legal right to keep the Bankruptcy dismissal information on the bureaus files.
Do you keep your house when you file bankruptcy?
I believe you can, by reaffirming the loan, but I don't know the details.
Will you lose your house if you consider bankruptcy?
You can keep the house if you pay the enquity in your house to the trustee and if the mortgage company itself agrees. You can also consider some bankruptcy alternatives read more herehttp://www.totaldebtservices.com/bankruptcy_alternatives.asp
