Bankruptcy Basics

Learn the fundamentals of bankruptcy, including Chapter 7, Chapter 13, filing requirements, timelines, and common questions to help you understand your options.

A Guide on How a Bankruptcy Trustee Appraises Your Home

Whether you file Chapter 7 or Chapter 13 bankruptcy, the value of your home will have an impact on your bankruptcy case. The bankruptcy trustee assigned to your case will first review the value of your home. The review will help them determine if you have non-exempt equity that you could use to pay your unsecured debts. Let us cover the basics before getting into how a trustee values your home.

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