Jefferino - I've read that it's possible to keep rentals through a chapter 7 bk. You should ask your lawyer about this. If there isn't much equity and you have state wildcard, that is one option. If you're upside down, I've read that it's possible if you're not negative cashflow - if you're losing money, the trustee will want you to surrender the properties so that money can go to the repayment of your creditors. I think it's a narrow path, but it might be possible. May be something to ask your lawyer about.
top Ad Widget
Collapse
Announcement
Collapse
No announcement yet.
Can I keep my rentals?
Collapse
Comment