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โˆ™ 2006-03-24 00:22:19
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Q: Can you sell a home that is in bankruptcy?
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Can you sell your home after you've been dismissed from bankruptcy?


Can you ask to have your Chapter 13 bankruptcy dismissed before your confirmation hearing because you want to sell your home?

You can dismiss a bankruptcy at any time. You can sell a home during a bankruptcy as well. Speak with an attorney about your specific situation. If you can not find an attorney, contact your local Bar association and they will refer you to one.

Can you sell your home and buy another if you are in a chapter 13 bankruptcy?

i wouldn't sell it but instead invest in it till it adds value

Can you sell your home in chapter 13 bankruptcy?

Don't sell the home without legal council. It'll be impossible to re-buy later (given the scant information I have at hand).

Can you sell your home if you are under chapter13 bankruptcy?

Yes, but you must get permission from the Court. You do not technically own the home while you are in the bankruptcy - it is property of the bankruptcy estate. Speak with an attorney about your specific situation. If you can not find an attorney, contact your local Bar association and they will refer you to one.

When can you sell your car after filing for bankruptcy?

What kind of bankruptcy? 7? 13? If your bankruptcy case is still open, you cannot sell without notice to the trustee and a motion to sell. If you exempted the car, the proceeds may not be exempt. Check with your lawyer or a bankruptcy lawyer in your state.

Can you sell life insurance if you filed bankruptcy?

Yes... as long as you are not an ex-felon you can sell life insurance (even if you have bankruptcy)

How long do you have to wait to sell your home after a bankruptcy is discharged?

In most cases, you should be able to sell the property immediately after the case is close. However, you still shold consult a qualified bankruptcy attorney to review your case before taking further action.

Can you sell property after filing bankruptcy?

You are not supposed to sell any property after you file bankruptcy. Those assets can be used to pay your creditors.

If you put a bid in for a home for sale by Aegis Mortgage Corp and they have filed for bankruptcy will they still be able to sell it to you?

You can buy it from the bank

If you have assets in your home can you be force to sell it if you file bankruptcy?

If the value of the assets greatly exceed the allowable exemptions, then yes they can be seized.

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.

Can you sell your home while under bankruptcy?

Yes..However, an attorney should answer this question..I do believe the bankruptcy court must approve of the sale..Any proceeds from the sale that you may pocket, could be used to to pay creditors, if the bankruptcy court orders it.

If you filed bankruptcy would your house be foreclosed on?

If you file for bankruptcy the court will be in charge of finding a fair settlement. They can require the person in bankruptcy to sell their primary residence if that is the main asset of value. The rules vary by jurisdiction. Independent of the bankruptcy the lender who has a loan secured by the property can foreclose and force the sale of the home if the payments are not made as agreed. A bankruptcy does not release the borrower from keeping up the payments on the home loan. As most loans state, if you fail to keep up with your payments your home is at risk.

What are the Florida limits on home exemption in bankruptcy?

I believe you home is safe as long as it is your homestead in a bankruptcy. You should consult a bankruptcy attorney to be safe.

If you purchase a new home prior to bankruptcy is your new home part of the bankruptcy?

Yes, of course.

Can you file bankruptcy if you own your home?

can a person file bankruptcy if the home is not under any mortgage?

Can you include your home in a bankruptcy after the bankruptcy has already been discharged?


If your home has equity and you file bankruptcy on the credit cards do they go after your home?

Generally you have to list your home as an asset. But there are different kinds of bankruptcy, and if things work out, your home ownership could be protected. See a bankruptcy lawyer!!

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.

What is mailing address to report bankruptcy to Home Depot?

mailing address to report bankruptcy to Home Depot

How do you keep your house in a bankruptcy?

I have a reverse mortgage on my home, can it be taken from me in a bankruptcy?

Can you sell your property in bankruptcy and what happens to the funds of the sale?

Yes you can sale your home but the bankruptcy court will take the proceeds from the sale and disburse them to your creditors that you owe. No, everything except your selected exempt property belongs to the bankruptcy estate, as of the moment you file, and it can only be sold by the bankruptcy trustee, with permission of the court, to satisfy your debts in an orderly fashion.

How would bankruptcy affect a license to sell insurance?

Bankruptcy would not affect your license to sell insurance in any way. It does not affect your ability to continue to make money.

Can I file for Bankruptcy after a short sale of your home?

What does selling my home have to do with your filing bankruptcy? If it was your home you sold short, assuming an arm's-length sale to a 3d party with no fraud or deception, you should not have a problem with filing bankruptcy.