Can I Keep My House

Can I Keep My house
When considering bankruptcy, one of the first things people contemplate is the possibility of losing the family home. Where will you live if you don’t have the house anymore? The reality is, in many cases in Queensland, you can keep your family home.

Everything comes down to the equity you have in the home, or rather, just how much your house is worth above the mortgage amount. If you have little to no equity in the home, you might still be able to keep the house so long as you can keep paying the mortgage and other costs such as council rates and insurances.

Of course, there are plenty of other aspects associated with keeping your house, the rules do vary slightly in Qld, so call 1300 795 575 and let us here at Bankruptcy Bundaberg offer you the appropriate advice you need.

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PHONE: 1300 795 575