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

Ohio law allows homeowners to keep up to $2,200 worth of real or personal property. Homeowners can elect to apply the entire $2,200 toward the equity in their home. If they have more than $2,200 worth of equity in their home then the bankruptcy court might require that the homeowner sell the home in order to satisfy creditors who do not have a security interest in 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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