Yes, you could however offer your residence even though you В«linkВ» have the midst of a chapter thirteen Bankruptcy. After you have receive a buyer and exercised the terms and conditions of your business, you’ll have to look for the approval of bankruptcy court to accomplish the procedure.

You will not manage to become their Part thirteen Case of bankruptcy fee package early unless you are paying down all loan providers completely and also have put the loan money newest. Hence, you are going to need to stay-in the fresh new Chapter 13 Case of bankruptcy to possess an entire less than six-season time of the package.

The fresh Bankruptcy filer may be able to include a portion of new sale proceeds on account of exemptions which can be provided for significantly less than the brand new Bankruptcy proceeding Code. Read more