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Sure. And the house, like any other asset, (just like if the cash was in a bank. or invested in stock, instead of property), it and all other assets will be used to satisfy your debts, all of which also must be included in the BK.
Wiki User
∙ 15y ago
Wiki User
∙ 14y agoI suppose that it is possible. Most people go bankrupt because they buy a house. It makes no sense though, if you're looking to shelter your house from foreclosure you will not be able to prevent it from seized by the lender.
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Will you have to sell your house if you go bankrupt?
You will not have to sell your house if you only have $12,000.00 equity in it.
Did Ford ever go bankrupt?
Henry Ford went bankrupt before he founded Ford Motor Company. Ford Motor Company has never went bankrupt.
Can you be a teacher if you go bankrupt?
Can you be a teacher if you go bankrupt ?
How many times can you go bankrupt in mn?
Once you go bankrupt you are out of the game so you can go bankrupt once
Did GMC go bankrupt?
General Motors did go bankrupt.
Can you-tubers go bankrupt?
Absolutely, anyone can go bankrupt!
Can you bankrupt your water bill and still stay in your house?
Possibly, but the water company will probably discontinue service to your house. YOU go bankrupt. Not on a bill, or a this or a that. All your debts, and all your assets are included. Generally, your assets are used to pay your debts, with any excess debts being discharged. Yes, water bills are dischargeable debts. If you go bankrupt, your house and/or other assets may be used to pay your debts.
What do you do if your husband fails you repeatedly financially?
Get counseling. Even if he won't go, you go - and hurry before you go bankrupt like we did.
Can you go bankrupt on taxes?
do you have to pay tax late payments if you go bankrupt
How can a broker go bankrupt in a stock market?
when he trades on his own .. he will go bankrupt
Can you bankrupt a traffic ticket?
No you can not go bankrupt on traffic tickets
Can you go bankrupt if you owe the taxman money?
yes you can bankrupt
