Can I Keep My Home If I File Bankruptcy in Idaho?

If a homeowner makes mortgage payments according to the schedule set up by the bankruptcy court  and does not have significantly more equity in the property than that which is allowed by the homestead exemption then the homeowner will likely keep his or her home during a bankruptcy proceeding.
Idaho homeowners are entitled to a homestead exemption of the full equity that the homeowner has in his or her home at the time the bankruptcy is filed up to a maximum of $100,000.

The information on this page is meant to provide a general overview of the law. The laws in your state and/or city may deviate significantly from those described here. If you have specific questions related to your situation you should speak with a local attorney.

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