Maps & Directions
Owosso Office
The Office at Woodard Station
317 S Elm Street, Suite 202
Owosso, Michigan 48867
Tel: 989-472-1212
Fax: 866-857-0278
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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