Maps & Directions
Lansing Office
Fairlane Professional Center
3815 W St. Joseph Street, Suite A400
Lansing, Michigan 48917
Tel: 517-374-8000
Fax: 517-268-0855
Toll free: 866-907-8880
What happens to my home mortgage during bankruptcy proceedings? I do not want to lose my home.
Statutes dictate the amount of equity you can have in your home when you file for personal bankruptcy. Trustees may not sell your house if your equity is less than the applicable exemption. An experienced bankruptcy attorney can review your bankruptcy options with you, including the equity in your home and the applicable exemptions.
How long does a bankruptcy stay on my record?
Bankruptcies remain on credit reports a minimum of ten years. Deciding to declare bankruptcy is a serious decision. That is why it is important to consult an experienced bankruptcy attorney so you fully understand your bankruptcy options and their consequences.
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