Yes, I have a relative that has.
What has MY bankruptcy got to do with you moving out of your house? Obviously, if the mortgagee is not telling you to leave, and you get to stay rent-free, stay as long as you can, but get as much moved or ready to move as you can. You may not be given much time.
Filing for bankruptcy may enable you to recover your house from foreclosure. However the bankruptcy would entail dealing with your entire debt situation, not just the house.
yes in texas and south carolina
Yes
If you are surrendering your house anyways, it is usually better for your credit score if you do it through bankruptcy. If your house is foreclosed on before you file bankruptcy, then your credit score is hit by both the foreclosure and the bankruptcy. If you let your house go back through bankruptcy, instead, then your credit score is only hit by a bankruptcy.
You will not lose your house unless there is a large amount of equity in it. You will need to reaffirm your rent to own agreement, however.
Yes you can file bankruptcy. However the "rent to own home" is not owed by you and is still owned by the "landlord". You can continue with the "rent to own" or walk away. Bankruptcy is an entitlement to citizens for debt relief
Not paying rent is grounds for eviction. Most courts won't care about the bankruptcy, and most bankruptcy judges will not stop an eviction.
The landlord's bankruptcy has nothing to do with the tenant. The tenant still owes the rent.
Bankruptcy does not relieve a tenant from paying his rent: it's not a debt. Rent is due in advance of the rental period and is not an extension of credit. Oh, and a landlord cannot evict a tenant simply because he filed for bankruptcy.
Sure! Rent is not a bankruptcy issue.
Anybody can file for bankruptcy.
how to rent my house to corporations?
You can not rent the "For Rent" house on Moshi Monsters. The house is used as part of a Super Moshi Mission.
Bankruptcy has nothing to do with the tenant. If a bank forecloses on the mortgage, US federal law requires the bank to give the tenants a 90 day notice to quit, if they want the building emptied. But, it could be that the landlord will survive the bankruptcy, and there will be no foreclosure.
When you are living with someone they are not included in your bankruptcy. If you are paying them rent, then the money you pay is an expense and will be considered for bankruptcy.
If a person owns a house they can do what they wish with it (within the law). If they are declared bankrupt and they no longer own it then they have no say in what happens with the house. It is no longer theirs.