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Madison Legal > Posts tagged "bankruptcy"

​​Will I lose my home if I go bankrupt? – Declaring bankruptcy

​​Will I lose my home if I go bankrupt?

​​Will I lose my home if I go bankrupt? Declaring bankruptcy will affect your home in different ways, depending on whether you rent or own it. This area can be complex, so before you consider bankruptcy, read both the advice below and our main bankruptcy advice page. Call our advice team if you need further help or if your home does not fit into one of these categories. Declaring bankruptcy Advantages of bankruptcy The money you owe can be written off Any court action relating to your debts can be called off You may be able to keep some belongings and have a reasonable...

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