My question involves bankruptcy in the state of:
It will be a year in July that we filed Chapter 13 bankruptcy. We still can't afford our house payment and are wondering if we can Short Sale our home while in BK?
My question involves bankruptcy in the state of:
It will be a year in July that we filed Chapter 13 bankruptcy. We still can't afford our house payment and are wondering if we can Short Sale our home while in BK?
You can try but you won't get far. Dumb idea. Amend the Plan to surrender the home or convert to a 7 and walk away (assuming you qualify for the 7 and there is no other reason to be in the 13). Complete waste of time to attempt a short sale. Only one who benefits (assuming your are successful - probably not) is the realtor.
Des