Do you own a home? Are you worried about keeping your home if you were to file for Chapter 7 bankruptcy? While you can protect a large portion of equity under Washington’s homestead exemption, quickly rising home values might mean that you should seek Chapter 7 bankruptcy relief sooner rather than later – when you may not be able to protect the home any more. Please contact Washington Debt Free to discuss timing of a bankruptcy filing and home valuation methods for bankruptcy planning.