Can I keep my home when filing for bankruptcy?

In Hawaii, whether you can keep your home when filing for bankruptcy depends on a few factors. Generally speaking, you will be able to keep your home if you are able to keep up with the payments while filing for bankruptcy. This is because most of the time, bankruptcy filers will be able to propose a repayment plan to their creditors which will allow them to keep their home but make payments over a period of time. In addition, Chapter 13 bankruptcy allows homeowners to protect their possessions, including their home, from liquidation. This means that with a Chapter 13 bankruptcy, you may be able to keep your home regardless of how much is owed on it. This may also allow you to catch up on any delinquent payments. It is important to note, however, that every bankruptcy case is unique and the outcome of the case will depend on your individual circumstances. Therefore, you should consult a qualified bankruptcy attorney in Hawaii to discuss the specific details of your case. An experienced attorney can help you understand your rights and develop an approach that is in your best interest.

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Can I keep my home when filing for bankruptcy?

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