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

Kentucky follows the federal homestead exemption laws. That means that $15,000 worth of equity in the property is exempt. If the homeowner has $15,000 or less of equity in the home and is able to keep paying the mortgage than the bankruptcy court is likely to allow the homeowner to keep the property.

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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