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

Pennsylvania law does not have an explicit homestead exemption provision. A homeowner may be able to keep his or her home if the homeowner is able to satisfy the demands of unsecured creditors with other assets and if the homeowner is able to keep making regular mortgage payments. Otherwise, the homeowner may be forced to sell the home and the equity in the home can be used to pay off creditors.

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This article is intended to be helpful and informative. But even common legal matters can become complex and stressful. A qualified foreclosure and alternatives lawyer can address your particular legal needs, explain the law, and represent you in court. Take the first step now and contact a local foreclosure and alternatives attorney to discuss your specific legal situation.

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