Can I Keep My House

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

It all boils down to the equity you have in the home, or rather, how much your home is worth above the mortgage amount. If you have little to no equity in the home, you may still be able to keep the home so long as you can keep paying the mortgage and other bills such as council rates and insurances.

Obviously, there are lots 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 Advice Sunshine Coast offer you the appropriate guidance you need.

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PHONE: 1300 795 575