Daniel Timothy Quane Bankruptcy Law Blog

The Homestead Exemption from the Bankruptcy Estate

Friday, December 3, 2010 by Daniel Timothy Quane

The Homestead Exemption from the Bankruptcy Estate

In re Gebhart

The homestead exemption allows a bankruptcy debtor to claim the equity in their family home as exempt from being included in the bankruptcy estate.  The remainder of the debtor’s assets not subject to an exemption are included in the bankruptcy estate and used by the trustee to pay the debtor’s creditors. The debtor may... Read More

Posted at 12:50 PM  |  PERMALINK
Topic: Bankruptcy
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