house and bankruptcy

I can`t afford to pay for my credit cards any more. but am worried about my house. if i file bankruptcy will I loose my house?

Posted on Friday, December 19, 2008 | Filed under: Bankruptcy
 posted by Questions @ 12:28 pm 1 Comment
1 Expert Comment:

 At December 30, 2008 | 11:28 am , Barton Goth, Trustee in Bankruptcy Said...

As long as you have less than $40,000 of equity in your house, are up to date on your mortgage payments and can afford to continue to make your mortgage payments you shouldn’t have any issue. If you have greater than $40,000 then it would be important to discuss things directly with a trustee to determine how the best way to handle things is.

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