Photo by Ronnie George on Unsplash. Chapter 13 works with the pandemic’s mortgage payment forbearance process so that you can sell your home if and when you’re ready to do so. Last week we showed how Chapter 7 helps you take advantage of the pandemic foreclosure moratorium when selling your home. Today we show how it works even better with … Read More
Selling Your Home with Bankruptcy Help
Photo by Kent Rebman on Unsplash. When selling your home during this foreclosure moratorium rollercoaster, Chapter 7 bankruptcy maximizes your sale price and protects sale proceeds. In the last two blog posts we presented 10 ways bankruptcy significantly helps you take advantage of the foreclosure moratorium. One of those ways—from two weeks ago—was in the context of selling your home. … Read More
Bankruptcy Buys Time to Sell Your Home
Chapter 7, in the right situations, buys time to sell your home. It may buy only a couple of crucial months, or sometimes much longer. Our last several blog posts have been about using bankruptcy to either prevent various kinds of liens hitting your home or deal with those liens if they happen. For example, in the last few … Read More
Get Flexible Timing for Selling Your Home
If you are behind on your mortgage and want to sell, you may be able to delay the home sale for years and pay the arrearage out of the sale.
Chapter 7 vs. Chapter 13–Delay Your Home Sale
In a Chapter 13 case you can schedule to sell your home as part of the court-approved plan, or leave it more flexible.
Chapter 7 vs. Chapter 13–Wait to Sell Your Home, Protect Its Increased Equity
Have the flexibility to sell your home when you want, giving time for it to add equity, while keeping creditors away from that equity.
Chapter 7 vs. Chapter 13–Selling Your Home with Equity When You Have Lots of Other Debts
Protect the equity in your home from your creditors through either of the consumer bankruptcy options.
Avoid Selling Your Home for Being Behind on Property Taxes
Falling behind on property taxes can have serious consequences, but does not necessarily mean you should hurry to sell your home.
Should You Sell Your Home Because You’re Behind on Income Taxes?
If you owe a bunch of income taxes, and have a tax lien on your home, it’s tempting to try to fix everything by selling your home.
Avoid Selling Your Home under Creditor Pressure, Buy Time until a Better Time
Bankruptcy can buy you a few more months or even several years, so you can sell your home when you’re financially and personally ready.
Strip off Your Second Mortgage before Selling Your Home
One way that bankruptcy–Chapter 13 in particularâ–could save you a tremendous amount of money is with a second (or third) mortgage strip.
Don’t Sell Your Home out of Desperation
If you’re hurting financially and getting pressured to sell your home, first get bankruptcy advice to potentially save you lots of money.