"I Have Equity in my Home. Will I lose it in Bankruptcy?"
Let me start by saying to those who were wondering; If you owe more on your home than it is worth, the Bankruptcy Trustee will have no interest in selling your home to pay creditors.
Now, what if you DO have some equity? You are allowed to keep up to almost $150,000 of equity in the Central District of California. How much you will be allowed to keep is a formula which includes your age, your spouse's age, how many dependants you have and several other factors.
Don't write off bankruptcy just because you are scared that you will be losing the equity in your home. Let us figure out if you really run a risk of losing it. There is no obligation and no fee.