cancel
Showing results for 
Search instead for 
Did you mean: 
Highlighted
New Member

Bankruptcy

Is it possible to purchase the home we are renting at any time during our bankruptcy?

3 Replies
Level 15

Bankruptcy

You should check with your BK attorney on this matter (see link below if you need to locate an attorney).

 

https://www.avvo.com/

 

Also, check out the web site below for financing information.

 

https://www.nolo.com/legal-encyclopedia/when-can-i-mortgage-after-bankruptcy.html

Level 15

Bankruptcy

not saying you can't but with your credit score in the crapper and in BK court, what company would give you a mortgage even at usurious rates and how would you come up with the monthly payments?     if you have enough cash to buy the house without a mortgage, I think creditors would want that money to go to reduce what you owe.      if your hiding assets from your creditors,  your next home might be 4 X 6 with vertical and horizontal bars and 1 small window.  

Level 10

Bankruptcy

purchase of a home would be subject to the BK judge and the creditors......