answersLogoWhite

0

Can bankruptcy court make you sell your livestock?

Updated: 8/16/2019
User Avatar

Wiki User

13y ago

Best Answer

Livestock is property so yes they can.

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Can bankruptcy court make you sell your livestock?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Can a dealer sell you a car without court approval when you are in bankruptcy?

Yes.


Can a person sell their land if they are in bankruptcy?

Yes, but only with the BK court's permission


Can you do a short sale after a house was included in a bankruptcy?

No. The title to the property is encumbered by the bankruptcy. You would need the court to release the property in order for you to be able to sell it. You should discuss it with your attorney.No. The title to the property is encumbered by the bankruptcy. You would need the court to release the property in order for you to be able to sell it. You should discuss it with your attorney.No. The title to the property is encumbered by the bankruptcy. You would need the court to release the property in order for you to be able to sell it. You should discuss it with your attorney.No. The title to the property is encumbered by the bankruptcy. You would need the court to release the property in order for you to be able to sell it. You should discuss it with your attorney.


How did the English colonies make money?

They would sell the stuff that they would make and sell it to the locals by them


Can you sell your home while under bankruptcy?

Yes..However, an attorney should answer this question..I do believe the bankruptcy court must approve of the sale..Any proceeds from the sale that you may pocket, could be used to to pay creditors, if the bankruptcy court orders it.


How would bankruptcy affect a license to sell insurance?

Bankruptcy would not affect your license to sell insurance in any way. It does not affect your ability to continue to make money.


Can you sell your property in bankruptcy and what happens to the funds of the sale?

Yes you can sale your home but the bankruptcy court will take the proceeds from the sale and disburse them to your creditors that you owe. No, everything except your selected exempt property belongs to the bankruptcy estate, as of the moment you file, and it can only be sold by the bankruptcy trustee, with permission of the court, to satisfy your debts in an orderly fashion.


Can you sell your house while in bankruptcy?

You cannot sell your property during a bankruptcy proceeding. If a bona-fide offer is made to purchase the property a motion is filed for permission to sell. If allowed, an order is issued by the court that frees the property from the bankruptcy so it may be sold free and clear of your bankruptcy by the trustee. The proceeds from the sale will then be controlled by the trustee in bankruptcy.


If you file bankruptcy in one state and own a home in another state may you keep it?

The answer depends on the type of bankruptcy you file and the value of your home. In Chapter 7 bankruptcy, you may be required to sell the home unless it falls within certain exemption limits. In Chapter 13 bankruptcy, you can typically keep your home and create a repayment plan to catch up on missed mortgage payments. It's best to consult with a bankruptcy attorney to understand your specific situation.


Can you sell your home if you are under chapter13 bankruptcy?

Yes, but you must get permission from the Court. You do not technically own the home while you are in the bankruptcy - it is property of the bankruptcy estate. Speak with an attorney about your specific situation. If you can not find an attorney, contact your local Bar association and they will refer you to one.


Can you sell a home that is in bankruptcy?

No.


Can you sell house to son before bankruptcy in IL?

You cannot convey property to avoid creditors. The court can nullify the conveyance. You should consult with an attorney.