Can I Keep My House?
Losing their house is a big fear for many people considering bankruptcy. Under the Texas property exemptions, most debtors will be able to keep their homes when filing for Chapter 7 bankruptcy. Generally, you will need to stay current on mortgage payments (or payments on any other debt secured by property you wish to keep). If you are concerned about losing your house, it is best to act quickly before foreclosure proceedings begin.
Losing their house is a big fear for many people considering bankruptcy. Under the Texas property exemptions, most debtors will be able to keep their homes when filing for Chapter 7 bankruptcy. Generally, you will need to stay current on mortgage payments (or payments on any other debt secured by property you wish to keep). If you are concerned about losing your house, it is best to act quickly before foreclosure proceedings begin.