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

Nevada allows homeowners to keep $550,000 of the equity in their home from creditors that do not have a direct security interest in the property. That means that if the homeowner has $550,000 or less of equity in his or her home and continues to make regular mortgage payments that the homeowner is likely to keep the home even if he or she files for bankruptcy protection.

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.

Additional Foreclosure and Alternatives Articles

Search LawInfo's Foreclosure and Alternatives Resources