I'm new to this Chapter 13 stuff so I have a lot to learn...
My 341 meeting is in a week but something has come up with my mom's home and she is wanting to sell. I really hate to see the house go to someone else. She told me that she would sell the house on contract to me for the same amount that I am paying for my current mortgage. Is there any possibility that the court would allow me to sell my home and enter into a contract with my mother to buy her home? By the time the realtor was paid for his commissions, I doubt there would be much if any equity left in my home. I will ask my attorney about it before the 341 meeting but was hoping someone could tell me if I am crazy to even think it would be possible. Thanks for your help!
My 341 meeting is in a week but something has come up with my mom's home and she is wanting to sell. I really hate to see the house go to someone else. She told me that she would sell the house on contract to me for the same amount that I am paying for my current mortgage. Is there any possibility that the court would allow me to sell my home and enter into a contract with my mother to buy her home? By the time the realtor was paid for his commissions, I doubt there would be much if any equity left in my home. I will ask my attorney about it before the 341 meeting but was hoping someone could tell me if I am crazy to even think it would be possible. Thanks for your help!
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