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

Vermont protects the first $75,000 of home equity from unsecured creditors through the state homestead exemption law. That means that if a Vermont homeowner has $75,000 or less in equity in the home, is up to date on his or her mortgage and can continue making regular mortgage payments then the bankruptcy court is likely to allow the homeowner to keep his or her home even if the homeowner files for bankruptcy.

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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