ch 13 bankruptcy - Posted by brian

Posted by John Merchant on May 18, 2008 at 11:43:05:

If you’re in a 13, whatever you own or acquire is, automatically, an asset of the Ch 13 estate, so I’d sure talk to your lawyer before taking title to anything, or acquiring any legal interest in it.

Even if you took title in the name of a new LLC or other DBA or nom-de-plume, or a silent legal interest, not immediately amending your Ch 13 petition and so informing the Trustee and all other creditors would be bk fraud and a big no-no.

Still, your thinking ahead like this is great and it might well be possible for you to proceed to acquire other RE and thereby work out your debt with the other creditors.

ch 13 bankruptcy - Posted by brian

Posted by brian on May 17, 2008 at 18:17:20:

can you do subject to or lease options while you are in ch 13 bankruptcy