[tiki]

Thanks. We have business debt, no personal debt to speak of but I won't use my house for collateral because I paid it off about 10 yrs ago.

[patton]

I showed up at an estate sale with my pickup truck and my 15-yo son a few weeks ago - little old ladies threw money at us all day long, to take their purchases home.

We made hundreds of dollars in a few hours.

[yukong]

well, not knowing for sure your state laws, but assuming that your state recognizes homestead exemptions, if you file bankruptcy, your house is safe. It cannot be taken in the bankruptcy for business or consumer debts (again unless it is mortgaged and you want to surrender it and discharge that debt, which you don't). So you are safe.