When our clients are facing bankruptcy, their biggest concern is almost always whether or not they’ll be able to save their homes. They’ve worked hard to purchase their home and even if they’ve gotten behind on their debts, they want to keep the home that they love and keep their family there. Thankfully, our Texas bankruptcy lawyers can help you keep your home in most bankruptcy cases, easing the stress of going through a bankruptcy and ensuring that your family is able to keep the home that they love.
Texas has pretty generous allowances when it comes to bankruptcy law and what you get to keep, including livestock, exercise equipment, jewelry, vehicles and more. When it comes to your home, most people filing Chapter 7 bankruptcy will get to keep their home. Texas allows people who have lived in the state for more than 40 months to keep an unlimited value of property (with some acreage restrictions in the city and country). If you haven’t been living in the state for at least 40 months, though, you’ll face much tighter restrictions.
The best thing you can do when facing a bankruptcy is to ensure you have legal representation. Our Texas bankruptcy lawyers understand complicated bankruptcy law and can help you navigate it in order to keep as many of your personal belongings as you are entitled to keep, including your home. You can reach out to our team by calling 1-888-273-3073 or by connecting with us through our website for a free consultation on your bankruptcy.