Can you go bankrupt and keep rental property?

Yes, it is possible to go bankrupt and keep rental property, but it depends on the type of bankruptcy filing and specific circumstances. In Chapter 7 bankruptcy, non-exempt assets, including rental properties, may be liquidated to pay creditors, while in Chapter 13 bankruptcy, you can often keep your property by creating a repayment plan to catch up on any overdue payments. Additionally, if the rental property generates enough income to cover its expenses and debts, it may be more likely to be retained during bankruptcy proceedings. Always consult a bankruptcy attorney for personalized advice.