Bankruptcy filers are usually always worried about whether they can keep their house and file for bankruptcy relief. The answer depends on the state where the debtors reside. Most filers in Kansas are allowed to keep their homestead without any applicable cap as long as some requirements are met. In Missouri, there can be an issue with debtors' residences due to a low monetary limit.
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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
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