By Jeff Field | Published May 4, 2026 | Posted in Bankruptcy | Tagged Tags: bankruptcy, chapter 7, home equity | Leave a comment
A Chapter 7 bankruptcy is sometimes referred to as a liquidation because the court-appointed trustee has the power to sell a petitioner’s non-exempt assets to repay their creditors. That label tends to scare many homeowners who assume they will automatically lose their homes and the equity they have built. In reality, whether someone’s home equity Read More
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