If you are filing for Bankruptcy in the New Bedford, Massachusetts, South Shore, Massachusetts or Bristol County Massachusetts area, this may be a concern that you have. Generally, one is able to keep their home and save it from all creditors. When you file for Bankruptcy, a skilled Attorney will analyze your case and determine if the equity in your home is protected. The analysis takes into play many considerations. The most significant consideration is whether or not to apply the Massachusetts State Homestead Exemption, or the Federal Homestead Exemption. Both exemptions affect how an overall Bankruptcy case is constructed. The differences should, and will be explained to you by the attorneys at The Law Office of Bardsley and Gray. Upon careful consideration and application of law, in most cases, your home is protected. If there are any issues, the issues would be explained beforehand and alternative solutions would be discussed. Again, this is a rare instance, and in most cases your home is protected from your creditors.
Please call The Law Office of Bardsley and Gray at (508) 985-0054 for a free consultation.
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