topic Bankruptcy in Home loans

Bankruptcy

Pbquicken48 — Wed, 30 Oct 2019 18:28:59 GMT

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

Re: Bankruptcy

Anonymous_ — Wed, 30 Oct 2019 18:35:10 GMT

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

Re: Bankruptcy

Anonymous — Wed, 30 Oct 2019 19:04:57 GMT

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.

Re: Bankruptcy

NCperson — Sat, 02 Nov 2019 01:46:22 GMT

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