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    tysmommie's Avatar
    tysmommie Posts: 1, Reputation: 1
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    #1

    Sep 6, 2008, 06:42 AM
    Selling home during chapter 13 bankruptcy
    How do you sell your home during chapter 13 bankruptcy? Are there any penalties?
    progunr's Avatar
    progunr Posts: 1,971, Reputation: 288
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    #2

    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's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #3

    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
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