`Under Uk insolvency law you will be able to keep your house if it remains in negative equity up to 2years and 3months post bky. You will have to pay the mortgage as normal. If there's equity in the property the Trustee will realise it by asking you to get a 3rd party to give him a sum equivalent to your share of the equity failing that he can ask the court for an order for sale. Bky will cease all court action however any judgements secured on the property will remain.