If you don't have any equity in your home, you can continue to make your payments and keep your home. (bankruptcy-canada.com)
I own a home, but I do not have any equity in my home to use for debt consolidation. (usdebtrelieffirm.com)
For example, if a house with a market value of $ 100,000 has an outstanding mortgage of $ 30,000, the homeowner has equity of $ 70,000. (flagstonemortgage.com)