We are filing chapter 13 bankruptcy and do not wish to keep our home. How can we do this successfully?

Can you answer Starting K’s question about Bankruptcy?:

Please give suggestions on allowing our home to go through foreclosure or other means during our Chapter 13 process. It has become very apparent that we are unable to afford it and is part of our total money outlay problem. Not sure we can sell this property and get out from underneath the total payoff amount.

Also, what would happen if we sold the home for less than the payoff? Is foreclosue an option. Sounds painful. Need and appreciate all help with this situation.

Chapter 13 Bankruptcy Plan

What will happens to stocks of a company that claims chapter 11?

Can you answer drevrandfan’s question about Bankruptcy?:

I know that their stock will be pretty much worthless, but of they claim chapter 11 will their current stock holders be able to keep their stock? or does it all fritter away? cause i think that GM should claim chapter 11 so they can restructure, and then they may be able to be profitable in the future, a long way into the future but still.

How To File Chapter 7 Bankruptcy

When a company announces it has filed for Chapter 11 bankruptcy does the stock then become worthless?

Can you answer Midwest Gregg’s question about Bankruptcy?:

RH Donnelly (RHDC) announced it is going Chapter 11 today and I ownstock in the company. Will it go to zero today and become worthless?

Get a Money-making Website

How long after chapter 13 bankruptcy can you purchase a home?

Can you answer Mzdandylion0527’s question about Bankruptcy?:

Everything that i’ve read says that you can get a home after 1 year in a ch 13 bankruptcy, 2 years after ch 7 bankruptcy, and 3 years after a foreclosure. I am about to file a chapter 13, and wonder how long would I have to wait before I could purchase a home. Does anyone know the actual rule and could you point me to the website or where you got your information?

Thank you!

How To File Chapter 11 Bankruptcy

What all is proteced in bankruptcy in TX? If you are being sued, how much cash can you keep after bankruptcy?

Can you answer canionboyd’s question about Bankruptcy?:

My family, along with their company, is being sued for nearly $2M. We, along with the company, will have to file for bankruptcy. Does bankruptcy protect some of our cash to live on, and what assets do courts typically expect to be sold off to pay the lawsuit assuming all other debts are paid?

State Bankruptcy Laws

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