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What kind of paperwork does the trustee need in order to sell the house after filing chapter 13?
Wiki User
∙ 16y ago
Unless the house was owned free and clear by the debtor, the trustee does nothing. The mortgagee forecloses and auctions the house off. If there was no mortgage, the trustee will either sell the house or auction it off.
Wiki User
∙ 16y ago
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Can you purchase a house if you pay off your chapter 13 early and have permission from your Trustee?
If you pay off your Chapter 13 early and receive your discharge, you won't need permission from the trustee for anything. The case will be over and you can make whatever purchase you qualify for.
How to Sell house before chapter 7 discharge?
If you are in a chapter 7, you cannot sell any property without permission from the court and the knowledge of the trustee. Get a lawyer if you do not have one.
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 do you sell your house if you are in chapter 13?
You start by speaking with your case trustee/adminstrator. He must be involved by the terms of your case and agreement.
How soon after filing chapter 7 can you sale a house it paid for so you can move?
As soon as your discharged
Is it a requirement to list your house as an asset when filing for chapter 7 if there is no equity in it?
When filing for bankruptcy, you must list any assets you own regardless of their value.
Do we have to pay taxes on a house that we gave up filing for chapter 7 bankrupsy 2 years ago?
No
Can a chapter 13 trustee force you to sell your house?
A chapter 13 involves a plan you and your attorney have proposed to the creditors for them to object or not and the court to allow if no objections are filed. The C. 13 trustee does not "force" you to do anything, other than propose a fair plan according to your income and expenses
Can I move if I have 16 percent intertest in a house that I inheritate while filing chapter 7?
Filing a Chapter 7 does not prevent you from moving. You have to notify all the creditors, the trustee and the court of the change of address, by motion (see local rules for any specifics or consult a local bankruptcy lawyer).The inheritance will have to be added to the assets listed in Schedule A, with the value of the 16 percent equity, again by motion with copies to all the above.I recommend using a lawyer to do it right.
If you are currently under Chapter 13 and have been for about 2 years how long does it take before you can try to sell your house and purchase another one?
That's a decision that is made by the BK trustee. The participants of a chapter 13 bankruptcy must get the permission of the trustee for all major financial transactions.
Can you file chapter 13 but not want to keep home?
Sure...you can not want to keep the house without filing BK too
How does a bankruptcy trustee investigate a debtor?
It is rare that a bankruptcy trustee really investigates a debtor. There have to be a large amount of questionable assets or, like in a Chapter 11, types of assets that would send a trustee to your house. When they do, they look into bank accounts and physical assets such as furniture, houses, cars and even clothes.
