I have a bankruptcy question?

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It's possible. Illinois allows a homestead exemption of $15,000 for each individual (see 735 Ill. Comp. Stat. 5/12-901). Husband and wife each get an exemption, so if you are married you both can claim $15,000 each (for a total of $30,000). That's an exemption on equity. Equity is what you would have left after selling the house and paying off the note.

If you have less than $15,000 in equity ($30,000 if you're married), and you claim the exemption (exemptions must be claimed to get them), the bankruptcy estate probably won't be interested.

As for medical debt, that's easily discharged in a bankruptcy.
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RE I have a bankruptcy question?

I have no credit cards, own a house (making payments) But I have 50,000 in medical debt. Can I file bankruptcy and still be able to keep my home..
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Maybe; you haven't provided enough information for anyone to give you a meaningful answer. It depends on the state you live in and the equity in your home.

Nearly all consumer bankruptcy attorneys offer free consultations. Take advantage of this to meet with one and get advice based on all of the details of your particular situation. You can find a referral at NACBA.org (National Association of Consumer Bankruptcy Attorneys)....Show more

depends on your state laws.
normally no u can not keep house.
visit dave ramsey.com to learn from others
hard costly life lessons b4 u pay for them.
medical bills can often settled for 1/3-2/3s.
a budget can help u feel so control in
life.
if u file for bankruptcy u will not b able
to buy house for 5-8 yrs and may affect
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It most likely depends on how much equity (if any) is in your house. If there isn't any, there would be little financial benefit to your creditors to make you sell it....Show more