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Should i sell house before or after bankruptcy?

Updated: 8/21/2019
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Q: Should i sell house before or after bankruptcy?
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Can you request that a bankruptcy be dismissed before the confimation hearing so that you can sell your house?

Yes.


If you filed bankruptcy and have decided to sell your house Do you have to let the realtor know about the bankruptcy?

If you filed for bankruptcy and the title company knows about it, then you cannot sell your house. Your title is not free and clear so a buyer could not purchase. It also depends on the bankruptcy, you should talk to your lawyer.


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.


Can you sell your house before the confirmation hearing?

Are you referring to a Chapter 13 bankruptcy confirmation hearing?


If your bankruptcy was discharged a few months ago can you sell your house to a real estate broker before the trustee sale?

If the house was forfeited in the BK, instead of a reaffirmation agreement with the lender..NO!


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.


Should you sell GM stock prior ot bankruptcy filing?

Yes


Buying house for cash after bancruptcy?

It is not so practical buying a house after bankruptcy because if there is no option for you, you might want to sell the house too, but the price would not be the same as you bought it and it is hard to sell one property.


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.


What happen when the car is not reposed after bankruptcy?

Nothing, but my advise to you is that if your bank rupt you should sell the car


Can your husband sell your home from under you and your children after eight years of marriage?

Only if he owned the house before your marriage. If the house was purchased during the marriage, you should be part owner and he would not be able to sell the house without your approval.


Can you sell your house after bankruptcy and before foreclosure and who gets the money?

Bankruptcy is a complicated topic and there are different levels with different consequences. Foreclosure and bankruptcy is an even more complicated situation. You should consult with an attorney in your state since your issue is addressed by both state and federal law. The following is general information only and not legal advice.Generally, if you own your home after a discharge in a bankruptcy proceeding you can sell it and keep the equity. However, if there are any outstanding mortgage obligations they will be paid from the proceeds before you receive any proceeds from the sale.If you are facing foreclosure after a bankruptcy selling your home will only complicate the procedure and result in higher costs. The property is subject to the mortgage and any proceeds from the sale are the property of the bank.See the related link for additional general information.