View Full Version : Anyone Know What the Waiting Period For selling a home prior to bankruptcy
Edensmimi
Jan 29, 2008, 09:56 AM
Can anyone please tell me what the waiting period is for selling a home prior to filing bankruptcy in the state of texas/ Chapter 13 or Chapter 7? Please any help is appreciated.
George_1950
Jan 29, 2008, 10:47 AM
Just curious: why are you wanting to sell your home prior to filing bankruptcy?
Edensmimi
Jan 29, 2008, 10:52 AM
I'm sorry I should have clarified this better, it was rental property that my parents owned. It is a manufactured home (doublewide) that is only worth about 12K. I bought the land from them last year but the home is still in their name. I apologize I should have been more clear about it. My parents want to file bankruptcy but they don't want to lose this home, as my brother lives in it now. They talked to an attorney here local that said it is a 2 year waiting period and I don't have much faith in this man.
George_1950
Jan 29, 2008, 10:59 AM
Is the doublewide collateral for a debt? Or is it owned, free and clear?
Edensmimi
Jan 29, 2008, 11:04 AM
Paid for In Full, we paid it off for them.