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Old 02-26-2003, 04:09 AM
Stacia_35
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Unhappy

Save my home?

What is the name of your state? TX
I lost my job in April 2002, 4 months after buying new home. I have used retirement money to help pay mortgage so far. I am out of money and can't find a job. If I file bankruptcy, can I keep my home?
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Old 02-26-2003, 08:57 AM
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Join Date: Feb 2002
Location: Nashville,TN
Posts: 15,706
That depends. TX exemption is definitely enough to exempt what little equity you have in the home, however you'd have to reaffirm the loan to keep the house. If you can't keep up the payments, no matter which Chapter BK you file, the lender is going to foreclose.
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