executory contracts

[country]

First off I want to say Hello
Second my question is this.
I am renting a home and I found out last month that my landlord was in foreclosure on this house.
I have signed a 1 year lease and I am only 6 months into it
I recieved papers in the mail yesterday telling me my landlord filed bankruptcy and surrendered this house
I was named on there as a creditor which confuses me
I was also listed under executory contract and it says reject
Can anyone tell me what all this means please
I dont have money to get a lawyer and dont know if I am suppose to
Thanks so much
Sorry if i put this in wrong place
If I did I will move it

[country]

Executory COntract

I believe i posted the first topic in wrong section so i apologize for that
Here is my original question

First off I want to say Hello
Second my question is this.
I am renting a home and I found out last month that my landlord was in foreclosure on this house.
I have signed a 1 year lease and I am only 6 months into it
I recieved papers in the mail yesterday telling me my landlord filed bankruptcy and surrendered this house
I was named on there as a creditor which confuses me
I was also listed under executory contract and it says reject
Can anyone tell me what all this means please
I dont have money to get a lawyer and dont know if I am suppose to
Thanks so much

[country]

request a close please
I posted in wrong section

[justbroke]

Reject means that he is canceling the lease. If I were you, I would start looking for somewhere else; essentially as a backup plan. In the interim, you could file a motion with the bankruptcy court as to why the lease shouldn't be rejected, as the bank (probably) automatically takes over leases in that situation. That would probably, at least, allow you to stay through the end of the term of your current lease.

You could also contact the bank that holds the mortgage and talk to them. Make sure you speak to their Bankruptcy department and explain.

[country]

Just weird I was named as a Creditor and part of the paperwork is Proof of claim...am i suppose to file that out? Cause why would they owe me money

[BKParalegal]

The reason he listed you as a creditor could be that you gave him a deposit, he can't fulfill his part of the contract etc. The reject of the contract is because he no longers want responsibility of the home, so he doesn't want the rental contract anymore. The trustee may contact you to pay the rent to them directly either prepare to pay her/him for a couple of months or plan on getting out when they call.

Good luck

[justbroke]

You are a creditor because the landlord is probably holding a security deposit? You should file a claim (Form B10) for the deposit amount and any "advanced" rent that you may have paid (like "last" month's rent and/or security deposit).

[justbroke]

This conversation is at http://www.bkforum.com/showthread.ph...utory-COntract

[lrprn]

@country - I merged your two threads. Now this one thread includes all the replies you've received on both.