Does anyone know when it is "safe" to put a home up for sale on the market after filing a Ch 7 BK?
I have some equity in my house and I plan to sell it this spring or maybe summer. I don't want to put it on the market too soon because the equity is protected in a bankruptcy and the cash probably isn't protected if there's a sale or even an offer. At least, that's my hazy understanding at the moment.
Sorry if this is a repeat question. I tried to search for previous posts but it's hard to sort through all the results that came back. Thanks in advance for any insight you can share.
I have some equity in my house and I plan to sell it this spring or maybe summer. I don't want to put it on the market too soon because the equity is protected in a bankruptcy and the cash probably isn't protected if there's a sale or even an offer. At least, that's my hazy understanding at the moment.
Sorry if this is a repeat question. I tried to search for previous posts but it's hard to sort through all the results that came back. Thanks in advance for any insight you can share.
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