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Elizabeth I. Johnson, LLC

Can I Keep My Home if I File Bankruptcy?

The answer is that you probably can, but there are two big factors to consider. Equity Equity is basically how much your house is worth after the mortgage is subtracted.
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Elizabeth I. Johnson, LLC

Can I Keep My Car if I File Bankruptcy?

The answer is that it depends on the situation. For a Chapter 7, you have to not have too much equity in the car, and you need to be able to be current on the payments within about 2 months after filing.
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