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What else can I help you with?
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.
Can you sell a home that is in bankruptcy?
No.
Can you file a chapter 13 if i am in contract to sell my house?
Yes, you can file for Chapter 13 bankruptcy while under contract to sell your house. However, the sale may need to be disclosed in your bankruptcy filing, and the bankruptcy court will need to approve the transaction. It's important to consult with a bankruptcy attorney to navigate the process and understand how it may affect your sale and overall financial situation.
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 my home while in a chapter 13 bankrupcty and keep the profits?
You will need to obtain the consent of the Chapter 7 trustee before selling any property of the bankruptcy estate.
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 a idividual sell a ATV included in a bankruptcy?
Yes, an individual can sell an ATV during bankruptcy, but there are important considerations. If the ATV is not exempt under bankruptcy laws, the bankruptcy trustee may require its sale to pay off creditors. Additionally, the individual must disclose any sale of assets in their bankruptcy filing. It's advisable to consult with a bankruptcy attorney to understand the specific implications and requirements.
How can you refinance your home for a lower interest rate while in a chapter 13 bankruptcy if you do not want to pay off the bankruptcy and do not want to 'cash out'?
While participating in a chapter 13 the petitioner cannot refinance, sell, transfer or otherwise real property without receiving permission from the bankruptcy court/trustee to take the action. Therefore the issues cited are not relevant until/unless permission is granted.
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.
What happens to GM dealers if GM goes bankrupt?
If GM declares bankruptcy and stops making the vehicles sold by a GM dealer, then that dealer will have to find something else to sell or go out of business. Some forms of bankruptcy do not require that the company stop operating, but merely require that they operate under the supervision of a court while they sell off assets and reorganize to better pay off their debts. In that kind of a GM bankruptcy, many GM dealers may continue to have product to sell.
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.
