Sumo (User)
Gold Boarder
Posts: 169
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getting kicked out 9 Months, 1 Week ago
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Karma: 5
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once you file bankrupcy, how long can you stay in your home before you get kicked out?
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norton (Moderator)
Moderator
Posts: 85
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Re:getting kicked out 9 Months, 1 Week ago
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You may not get kicked out at all if you reaffirm on the house. the bk should protect you unless you want to give it up. Or maybe I don't understand the question?
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Sumo (User)
Gold Boarder
Posts: 169
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Re:getting kicked out 9 Months, 1 Week ago
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Karma: 5
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if you are filing bankruptcy, how long can you stay in the house before you gets removed? There is no intent to "reaffirm", just need time to find a place to rent.
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Jacob (User)
Senior Boarder
Posts: 65
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Re:getting kicked out 9 Months, 1 Week ago
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Karma: 2
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dont forget you get a 6 month period of redemption. However, the bankrupcty court will not allow you to occupy the home rent free. Whatever the going rent is for a comparable house will be the amount that you would have to pay the bankruptcy ttee.
If there is no intent to pay off the debt you will have about 1 - 2 months before you get displaced.
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Sumo (User)
Gold Boarder
Posts: 169
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Re:getting kicked out 9 Months, 1 Week ago
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Karma: 5
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so there is a redemption period, but if bankruptcy is filed, you must pay to rent the house. Sounds like its better to wait through the redemption period rather than file bankruptcy?
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