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If it has value above its debt, probably not.
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∙ 15y ago
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Can you keep rental property in chapter 7 bankruptcy?
You may be able to keep your rental property depending on how much it is worth. You cannot have over 35,000 dollars worth of equity in a property in most states. It is best to consult with a bankruptcy attorney before you file.
Can a landlord file a police report for damage to rental property?
Yes they can!
Can you file chapter 7 in Florida and keep your home and property?
No
Are you allowed to keep your primary home and investment property if file you chapter 7 or 13?
If I file chapter 7 or 13 how long can I stay in my house?
Can you file on aarons rental furniture in chapter 7 bankruptcy in Washington state?
You cannot discharge secured debt. You either have to reaffirm the debt / keep paying. Companies like Aarons will come to repossess their property.
What should you do if you want to file bankrupty but your name is on your parents' property and you don't want to lose the property?
File a Chapter 13 Bankruptcy It allows you to keep the property and make payments you can afford.
You are being sued for s unsecured loan of 17000 dollars will chapter 13 bankruptcy stop creditors from taking your rental property?
If you file. It will put a stay on your creditors and they will have to halt there collections. You need to contact a bankruptcy attorney to confirm.
How do you file your taxes if you lived in a rental property for the year but your roommate paid the rent?
Rent has nothing to do with how you file your income taxes, nor does who pays rent. If you are single you will file your taxes as single.
You live and work in one state and have a rental property in another state. Do you have to file a tax return in the other state?
Yes the state where the source of the rental income is from wants some income tax on that rental income that you have received from the nonresident state. A nonresident state income tax return will have to filed with the state where the rental property is located.
What can you file Chapter 13 on?
What is Legal to file Chapter 13 on ?
How soon after can you file for chapter 13 after your first filing?
If you are facing some serious financial issues, you may consider filing for chapter 13 bankruptcy protection. If you do file keep in mind that there is no limit to the amount of times you can refile for the same protection.
Can you file chapter 7?
Anyone who is seriously struggling with debt can file for chapter 7 bankruptcy and it is up to the court to determine whether or not you will be eligible. Chapter 7 bankruptcy is usually best for people who:* Have no steady stream of income* Have a lot of exempt property* Cannot keep up with a strict payment plan
