Denver Bankruptcy Attorney Blog

Rising Home Prices Cause Careful Review of Home Equity in Chapter 7 Bankruptcy

Written by Peter Milwid | Created: Aug 20th, 2014

When you file Chapter 7 Bankruptcy, your home equity is protected under the homestead exemption, which is a law that protects your home. The amount protected in Colorado is $60,000, or $90,000 if you are over 60 or are disabled. Since values were flat after 2008, and most folks had little or no equity in […]