Brian Buchanan
Phone 800-871-7135 • Fax 636-754-0560
1417 Navaho Tr. • St. Charles  MO 63304


Bankruptcy Questions and Answers
Can I keep my house after bankruptcy? Depending upon which exemption scheme is selected and your circumstances, you may exempt up to $100,000 in equity. When calculating your equity you should use a value that is based upon a forced liquidation as opposed to the best selling conditions to arrive at a value for your home. Once you know the value, subtract the amount owed plus selling and transfer costs from the value to calculate the equity.

This is not a commitment to lend. Restrictions may apply. Information is subject to change without notice. All loans are subject to credit approval. Equal Housing Opportunity.
 
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