chapter 13 bankruptcy - Posted by frank s

Posted by John on October 08, 2004 at 10:54:18:

I seriously doubt anybody would take a note from you until after your BK discharge.

Your 13 will likely be converted into a Ch 7, because BK Trustee will quite frequently order it changed into a 7 if, after he’s asked some penetrating questions of the BK petitioners, if he doesn’t see any reasonable way your present income and assets could be re-distributed to pay all creditors.

After your discharge on the 7, you can be in business very soon as creditors like you a lot more afterwards, because you can’t repeat for a long time, and then, you’ll be rid of your other debts too.

chapter 13 bankruptcy - Posted by frank s

Posted by frank s on October 05, 2004 at 14:17:49:

my wife and I recently filed chapter thirteen, regardless of the reasons for doing so, I need to understand how to proceed in real estate investing while going through this banckruptcy. My question is based on a letter stating that while in chapter thirteen I’m not allowed to buy trade, etc without the courts permission? can I flip? lease option with out asking permission?