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If your bankruptcy is still pending (i.e. - NOT CLOSED BY THE COURT) you will need to get the Trustee's permission to do this. If your case is closed, you can sell your house at anytime. Contact your attorney for more information.

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If you are not sure, get professional help before you make any decisions because there are legal implications that you need to observe. This independent website has a lot of useful information. http://freshstartsolutions.com.au/bankruptcy/

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โˆ™ 2013-08-19 08:11:38
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Q: When can you sell the house after filing for bankruptcy?
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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.


Can you sell a motorcycle after filing bankruptcy?

yes you can i know my stuff


How long after filing bankruptcy can move out of state?

You are not prevented from moving as a result of filing bankruptcy. Filing bankruptcy is not a crime.


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 file bankruptcy on your house if already in foreclosure?

Filing for bankruptcy may enable you to recover your house from foreclosure. However the bankruptcy would entail dealing with your entire debt situation, not just the house.


Should you sell GM stock prior ot bankruptcy filing?

Yes


Can you buy house with cash after file bankruptcy chapter 7?

Yes, you can buy a house for cash after filing for bankruptcy. The only issue is as to where those funds came from. If they were part of your estate at the time of filing and not disclosed, then you will have a problem.


Can a bankruptcy trustee sell assets not owned but being used or leased at the time of filing?

No.


Is a credit line on your house included in bankruptcy?

That is up to the person filing the bankruptcy. You can include or omit any debt that you choose.


What happens when filing bankruptcy because of gambling?

What do you mean? Filing bankruptcy is basically the same no matter what the reason for the filing.


Is it possible for one to refinance after filing for bankruptcy?

"It is possible to refinance after filing for bankruptcy. However, there must be a certain interval of time between refinancing and filing for bankruptcy that varies depending on the country you are filing in."


Can you sell property before filing bankruptcy?

If the property is sold for fair market value, yes.


Can you lose your horses in a bankruptcy filing?

yea, they are your possetions, so the bank will sell them to get money back


Can you sell personal property when filing bankruptcy?

When filing bankruptcy all assets are placed in a bankruptcy estate. Some assets are allowed to be protected and qualify for an exemption by the trustee. Items that are placed in exemption are permitted to be sold, but the trustee should be notified prior to the sale.


Will your credit rating be affected by your partner filing bankruptcy?

If your partner files for bankruptcy and you don't then the bankruptcy will not appear on your credit report. But you will be partly responsible for before bankruptcy filing. Generally filing bankruptcy will affect the credit rating of the individual who filed it.


In order to file bankruptcy must you have a bankruptcy attorney?

If you are filing for personal bankruptcy it is not necessary to have a lawyer. If you are filing for business bankruptcy, you must retain a lawyer on your behalf.


Should a Christian file bankruptcy?

Filing bankruptcy has no affiliation with religion. If filing bankruptcy is he best financial options available, then you should do it.


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.


If my father wants to sell his house to me for a dollar is it legal?

Sure, but if it's being done to frustrate his creditors or in anticipation of filing bankruptcy, there are going to be problems and the sale may be voided by a court.


Can you keep your house if declairing bankruptcy?

It depends on what type of bankruptcy your are filing, if the home is your primary residence and not an investment property, how much you owe, and if you are behind on your payments. It also depends on the state you are filing in.Usually, your house, if it is a primary residence, many states will allow you to keep your house as an exemption.


How can you find out if a garnishment has been stopped by filing bankruptcy?

Bankruptcy will not stop a garnishment. You cannot set aside civil judgments by filing bankruptcy.


Your husband is filing bankruptcy and told you he will file on the house it is in both names can he do this without your permission?

Yes


When can a person buy a house after filing for bankruptcy?

Now. Go on and live a little. Good luck.


Can you file bankruptcy even if you have tax liens on your house from 04 05 06 They were just put there in 2008 Im on permanent disability cant work what can I do pls help don't want to sell?

Filing bankruptcy does not alter or protect you from paying your tax lien.


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.