answersLogoWhite

0


Best Answer

You must wait until your Chapter 7 is discharged before entering into any financial obligation such as a loan, land contract or purchase agreement. This also includes the purchase of vehicles and merchandise.

User Avatar

Wiki User

18y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: If a parent wants to sell you their home cheap but you are going to a Chapter 7 hearing soon can you buy the house or how long do you have to wait?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Finance

Can you be current on your credit cards and file chapter 13?

Yes. But in California, you can not have more than ~$330,000 of unsecured debt if you are going to file for Chapter 13. Check your local bankruptcy rules to see if you qualify for chapter 13 bankruptcy based on your debt.


Is spiegel going out of business?

yes, it look like it is... the new owners have filed for chapter 11 protection and are liquidating. too bad. they will be missed.


Is it better on your credit to refile after a Chapter 13 dismissal or pay your bills yourself with your creditors?

You are always going to be better off by paying your bills.


Can you receive a federal Stafford loan while in chapter 13 bankruptcy?

I'm currently in my third year of chapter 13 repayment, I was going to go back to schools full time night time program, looking for advsie on trying to pay for it, also I make over 60,000, but my chapter 13 repayment is based on this amount


What will happen to a parent bank account if child files for bankruptcy?

The subsidiary can enter into CH11 bankruptcy protection while the parent can remain outside bankruptcy and continue as a going concern. It depends on distribution of the assets and debt tied to both the parent and the subsidiary that can allow the subsidiary to enter into CH11 protection (insolvency where L > A) and be protected by the automatic stay priveleges the federal courts afford, while the parent will continue under its normal course of business and have to make its lenders and creditors whole.

Related questions

What happens if the noncustodial parent doesnt go to the child support court hearing in kansas?

The court will enter a default judgment against them. Better to show up and have a say in what is going to happen.


How do you find a cheap apartment?

By going to a cheap neighborhood.


Where can you get cheap non plastic tiaras from?

The cheap ones are going to be plastic.


If you leave one parent and go live with the other can you get your things from the other parent?

depends on the other parent and the one your going to live with


Should a parent be concerned if 14 year old son gives a girl a ring without parent knowing?

Answer As a parent myself I wouldn't be too worried about it. They are kids and it's only probably a cheap ring anyway. Kids will be kids and the both of them are going through puberity, let them live a bit, but keep an eye on them all the same, better safe than sorry.


Can you get hearing aids through the veteran's administration?

Most likely, but you are going to need either a doctor's prescription or have proof of a certified hearing test indicating the need to hearing aids.


What do PHONAK hearing aids cost?

It depends on the hearing aid dispenser where you are going to purchase it and the "level" of the hearing aid and the state in which you live. I have seen Phonak hearing aids range from $500 to $5000+. When researching the prices of hearing aids, be sure to compare hearing aid dispensers as well. The prices can range between them.


Can you file for bankruptcy through a lawyer without ever going to court?

If you file a chapter 7, and there are no problems, you will never go to a court. But you WILL be required to meet with the BK trustee, even if you have a lawyer, for a 341 creditors hearing (these usually last 5 minutes or less)


Should you start a new business if im going to file chapter 7 bankruptcy?

can I start a new business if I'm going to file chapter 7 on my personal debt?


When is clannad chapter 29 going to be published?

The Clannad manga series is already complete with 48 chapters in Japanese. When the 29th chapter is going to be released in English depends on the scanlators


Where can I find cheap Citizen watches online?

You can find some cheap Citizen watches online by going to their website www.citizen.com and looking for deals. or by going to www.ebay.com or www.amazon.com


What is a map hearing?

A "Mapp" hearing is a pre-trial hearing on whether or not to suppress a piece of evidence that is going to be introduced at trial. The evidence could be tangible evidence, such as an illegal substance, or intangible evidence, such as a confession.