by law you must
Sure.
No. You still have to pay the mortgage.
I think so...
A person's income does not count after filing chapter 7 bankruptcy. All that counts is what you had before filing bankruptcy.
No. Such would be very unusual.
In a Chapter 7 bankruptcy, a person filing for relief is called a
about 4-5 months after filing chapter 7.
When you file a Chapter 7 bankruptcy, you have the option to keep your home and 1 vehicle. If you are able to make the last 2 payments on the car, you can keep it and not include it in the bankruptcy.
How to get after job filing chapter 7 bankruptcy once it appears on the credit report
The question is a little fuzzy, you have not stated if the Buyer(s) are still occupying the home. Also filing for Chapter 7 BK, may stop you from collecting your payment today, but the Buyer(s) will need to either reaffirm with you or move.Unfortunately, if the buyer does take the home and/or debt into Chapter 7 BK, you are out the money, to include back payments while they were living in the home. You will be sent a letter from the court giving you a chance to address the court on the debt. You may have information that may keep the Buyer(s) from filing Chapter 7, but you would need to attend court to find out.
if you want it to
Yes you can.