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Why should you get the title? If the debt is secured by the condo or house, you cannot get a discharge of that debt unless you surrender the asset in the chapter 7.

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12y ago

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How do you buy a house while in a chapter 13 bankruptcy?

The chapter 13 petitioner/participant must receive the approval of the bankruptcy trustee for all major financial transactions.


How does surrendering your house in chapter 7 affect your credit report?

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.


Can you claim a chapter 13 bankruptcy if you have any equity in your house?

Yes. That is probably one of the times this would be the correct Chapter to use.


Can you sell your house before the confirmation hearing?

Are you referring to a Chapter 13 bankruptcy confirmation hearing?


Who will sell you a house with a foreclouser on your credit report?

I don't think anyone will be ready for that.So its better that you can take a way or option where you house will be save from foreclosure.Filing bankruptcy is the very right option for this.Once you file chapter 7 bankruptcy or chapter 13 bankruptcy bankruptcy law has a provision called stop foreclosure and it goes in to the effect immediately after you file the bankruptcy.This way you can save you house and other important stuff.


Can you file Chapter 7 and keep your house and car?

Whether you can keep your house and car depend on how much equity is in your house and car and the available bankruptcy exemptions within your state. If the bankruptcy exemptions allow you to protect the equity in these assets then you should be able to keep them in bankruptcy.


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.


In chapter 7 can you keep the house?

Yes. you can keep the home. Make sure to consult a bankruptcy attorney


We filed chapter 7 bankruptcy. When can the bank take the house?

When you either voluntarily give up the house or you stop making payments (foreclosure).


How do you find a finance company to finance a house during chapter 13 bankruptcy?

In a rough market such as this one, you can't!


If you filed chapter 7 in 2005 and your house was foreclosed on in 2007 do you have to pay taxes on it?

If the foreclosure was not part of the bankruptcy, yes.


You filed bankruptcy and kept your house now you want to give it back?

The question has too little information to answer. How long ago was the bankruptcy filed? Was it a chapter 7 or a chapter 13? If a chapter 7, did you expressly state you were rtetaining the house and going to continue repaying the debt? What bakruptcy Court, since there are differences from state to state and even from court to court within a state? You may not need to relate this to bankruptcy at all, if the mortgagor will accept a deed in lieu of foreclosure (in a 7). If you are in a 13, you may be able to convert to a 7 and surrender the house.