If my bankruptcy plan is accepted to keep my house from foreclosure can i then rent out my home?
If my bankruptcy plan is accepted to keep my house from foreclosure can i then rent out my home
HOW IS THAT FRAUD??????????
Posted: December 28th, 2009 under Personal Finance.
Tags: Bankruptcy, Fraud, House Foreclosure, House Rent, Mya, Plan House
Comments
Comment from P J
Time December 31, 2009 at 3:05 am
Only if you are willing to commit fraud.
Comment from NunyaBidNess_Part_Deux
Time January 2, 2010 at 2:57 pm
Caffeinated Content for WordPress
Yes you can…BUT…
Expect the proceeds to be attached by the bankruptcy court so that the funds go towards paying your creditors…
Comment from STEVEN F
Time January 4, 2010 at 12:49 pm
Even in bankruptcy, you can’t keep the house unless you keep the mortgage. If you can afford to make the house payments and pay rent, you are NOT bankrupt. If you can’t, you don’t have a hose to rent.
Comment from Amira
Time January 7, 2010 at 3:33 pm
You are definitely able to make extra money after filing bankruptcy but it will all go towards paying off your bills. (faster which is better) I would ask a bankruptcy lawyer for details. Go to first consultation is always free.
Comment from mark v
Time January 11, 2010 at 12:50 am
I’m thinking once you go bankrupt and its all said and done then yes you are in the clear to rent out your home. But i would talk about the issue with the lawyer that helped you file bankruptcy, he would know for sure.
And good luck.
Comment from reality
Time January 12, 2010 at 4:44 am
Yes, it’s mean this is your house and you can rent or remodel, just keep pay for it. They don’t care what you do with your house, they care that pay and if you need to rent to help with a pmt is OK. Good Luck!
Comment from ed m
Time January 13, 2010 at 9:11 pm
sure it will help pay down the debt quicker!!! i
Comment from mosquitojammer
Time December 30, 2009 at 7:07 am
house foreclosure help
no