Latife Helen Neu's Answers

Should I list our home exempt, if there is no equity?

It sounds like you are trying to file your bankruptcy without the help of an attorney, and that you are a Washington state resident, thus able to use either the federal or Washington state exemption scheme. Keep in mind that you have to list all of your assets. Your home is an asset of yours, even though it is encumbered by the loan or loans secured by the property. List the home in your schedules, and value it appropriately. In exempting the value of your assets (home equity, household...

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