What will happen to my house if I file for bankruptcy?
Our tacoma bankruptcy lawyer are frequently asked about whether or not they can keep their house if they file for bankruptcy. In general, the answer is yes, so long as you have no more than $125,000 equity. There are certain circumstances, however, that will warrant further investigation. In general, though, Washington State allows a fairly generous protection with regard to those who file for bankruptcy and want to keep their house. It is important to also note that, in general, you must be able to make your regular monthly mortgage payments to keep your house. You will get a fresh start after file for bankruptcy.
