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  1. #1
    Join Date
    Jan 2008
    Posts
    15

    Default Will I Keep My House?

    My question involves bankruptcy in the state of: Louisiana.

    I am thinking about a chapter 7 bankruptcy. Will my house be safe? I am 66 years old, my house is paid. I am living on $575.00 a month. Very tough. I don't have any other income or savings. I received a summons from a collection agency last week. $12,000. This account was charged off over 7 years ago. Can I file bankruptcy on them? What else can I do?

    Thanks in advance.

  2. #2
    Join Date
    Sep 2005
    Location
    Behind a Desk
    Posts
    98,846

    Default Re: Will I Keep My House?

    How much equity do you have in your house?

    You should consider seeking a free consultation with a bankruptcy lawyer.

  3. #3
    Join Date
    Jan 2008
    Posts
    15

    Default Re: Will I Keep My House?

    This house is paid. Value 75000.00

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