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Sold mobile home on purchase agreement still owe on mobile home buyers filed for chapter 7 what are my options?
The question is a little fuzzy, you have not stated if the Buyer(s) are still occupying the home. Also filing for Chapter 7 BK, may stop you from collecting your payment today, but the Buyer(s) will need to either reaffirm with you or move.
Unfortunately, if the buyer does take the home and/or debt into Chapter 7 BK, you are out the money, to include back payments while they were living in the home. You will be sent a letter from the court giving you a chance to address the court on the debt. You may have information that may keep the Buyer(s) from filing Chapter 7, but you would need to attend court to find out.
What else can I help you with?
What is an installment purchase agreement?
An installment purchase agreement is a contract between a buyer and a seller that allows the buyer to purchase goods or services by making regular, scheduled payments over time rather than paying the full price upfront. This type of agreement typically outlines the total purchase price, the payment schedule, interest rates (if applicable), and the consequences of default. It is commonly used for large purchases, such as vehicles or appliances, making it easier for buyers to manage their finances. The seller usually retains ownership of the item until the final payment is made.
What is a buyers inspection advisory?
A buyer's inspection advisory is a document used in real estate transactions that informs buyers about the importance of conducting a professional inspection of the property they intend to purchase. It typically outlines potential issues to look for, such as structural integrity, plumbing, and electrical systems, and encourages buyers to understand their rights and options regarding inspections. This advisory serves to protect buyers by ensuring they are aware of the property's condition before finalizing the purchase. It may also help facilitate discussions about repairs or price adjustments based on inspection findings.
Do you have to buy a home from the first agent?
Unless you signed a buyers agent agreement you are not obligated to stay with the first agent who shows a home or property to you. If they have spent alot of time researching and showing for you, you might give them the sale since it does not change your purchase price...
How can I purchase a car from a car dealer with no credit history?
To purchase a car from a car dealer with no credit history, you can consider getting a co-signer with good credit, making a larger down payment, or exploring alternative financing options such as a credit union or dealership financing programs for buyers with no credit history.
How does eBay vehicle shipping work?
eBay vehicle shipping works by allowing sellers to offer shipping options for buyers who purchase a vehicle on the platform. Sellers can choose to arrange shipping themselves or use eBay's recommended shipping partners. Buyers can also arrange their own shipping if they prefer. The cost and details of the shipping process are typically outlined in the vehicle listing.
What are the uses of a purchase agreement?
The main use of a purchase agreement is that it is a simplified method of filling anticipated costs and expenses so buyers or sellers aren't hit with unexpected costs.
Is now a good time to purchase for first time house buyers?
Now is a good time to purchase for first time buyers. House prices are lower in many places which makes it a buyers market. One may want to look into foreclosed homes for even cheaper options.
What is a Buyers Order?
A Purchase agreement which indicates •Buyer details •Vehicle Identification Number •Details of •Selling Price, •Rebate, •Tax , •Processing Fee •Purchase Date •Down Payment
Where can you purchase jobs in Massachusetts?
A good resource for finding jobs to purchase in Massachusetts is a company called, Indeed. They can be found online and offer several options for prospective job buyers.
What is a blanket purchase agreement?
It is an contract between one or more buyers and one ro more supplier to estimate the amount of items to be delived at the rigt the price and at the the right place agreed
What is blanket purchase agreement?
It is an contract between one or more buyers and one ro more supplier to estimate the amount of items to be delived at the rigt the price and at the the right place agreed
When buyers and sellers interact in a market what is the result?
agreement on the price and quantity traded
What is the singular possessive of purchaser?
The plural of buyer is buyers. As in "the buyers have arrived".
What is a blanket purchase agreement contract?
It is an contract between one or more buyers and one ro more supplier to estimate the amount of items to be delived at the rigt the price and at the the right place agreed
Buyers remorse in texas?
No buyers remorse law in any state applies to the purchase of an automobile.
What is the effect of the interaction of buyers and sellers on the market?
agreement on the price and quantity traded
Can buyers bring a home inspector to the walk through?
Yes, buyers can bring a home inspector to the walkthrough, although it’s not always common practice. Having an inspector present can help identify potential issues and provide valuable insights about the property before finalizing the purchase. It's advisable for buyers to coordinate with their real estate agent and the seller to ensure that this is acceptable. Ultimately, the decision may depend on the terms of the purchase agreement and the seller's willingness.
