The straightest answer we can give is YES! You must list EVERYTHING you own when you file bankruptcy, even when (and especially if) you intend on keeping it. Even though people sometimes file bankruptcy to save their home, the truth is, you MUST list all assets in a bankruptcy case, including your home.
The vast majority of cases do not result in the loss of any property, so if you think you are saving yourself this way, you are mistaken. Not listing your assets is a crime: bankruptcy fraud. If you are convicted of bankruptcy fraud, you go to jail. Period. Is hiding an asset worth going to jail over?
It is important that you speak to us about this if you are thinking about filing. We will go over your individual situation and discuss your options.