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View Full Version : Selling home during chapter 13 bankruptcy


tysmommie
Sep 6, 2008, 06:42 AM
How do you sell your home during chapter 13 bankruptcy? Are there any penalties?

progunr
Sep 6, 2008, 07:21 AM
IF you make a profit, that profit will be figured into your chapter 13 plan and will be used to pay some of the creditors.

Other than that, there are no penalties.

Fr_Chuck
Sep 6, 2008, 07:58 AM
You will have to ask permission to see it from the court, the trustee will review and most likely allow it to be sold. But the money ( most of it anyway) will go to the court to be used towards the debts