Bankruptcy public tool

Bankruptcy Home Equity Worksheet

Organize a home-value estimate, secured balances, selling-cost estimate, and an optional user-supplied exemption reference amount.

Arithmetic onlyNo accountSources shown

Enter the figures to organize

Use estimates for the portion of the property and secured balances being reviewed.

Estimated value of the portion owned$Use a current, supportable estimate rather than the original purchase price.Mortgage balance allocated to that portion$Other secured balances$For example, an entered home-equity loan or other lien balance.Estimated selling costs$Optional arithmetic input; treatment varies in actual cases.

Reference exemption amount$Optional. Enter only a separately verified reference figure. This worksheet does not choose the applicable exemption law.

Arithmetic result

Gross equity estimate

After entered selling costs

After entered reference amount

Not entered

These figures are not a determination that equity is exempt, available to a trustee, or treated in any particular way. Applicable exemption law can depend on domicile, filing date, ownership, acquisition timing, prior residences, and other facts.

Method

Transparent subtraction

Gross equity estimate equals the entered value of the owned portion minus entered mortgage and other secured balances. The optional net estimate also subtracts entered selling costs.

The optional reference field performs one more subtraction. It does not select an exemption, test domicile, account for ownership form, or label the result as protected or unprotected.

Keep the source and the limitation together

DocketBuddy public tools report records, published information, entered facts, or arithmetic. They do not replace an agency notice, court rule, or licensed professional.

Official resources