QUESTION

Bankruptcy

Asked on Feb 11th, 2018 on Bankruptcy - New York
More details to this question:
I would like to know if I have a timeshare that is paid in full do I lose it in bankruptcy? Also how much does it cost to file for bankruptcy? How would I start the process to file for bankruptcy?
Report Abuse

2 ANSWERS

Estate Planning Attorney serving New York, NY
1 Award
A timeshare is an asset.  If it is not exempt, you will lose it.  Start the process by calling a lawyer. $1500 is a usual fee.
Answered on Feb 20th, 2018 at 10:52 AM

Report Abuse
Landlord and Tenant Law Attorney serving New York, NY
Depending on the specific type of Bankruptcy that you file you may bbe able to keep your timeshare.  You should meet with a Bankruptcy attorney as soon as possible. 
Answered on Feb 12th, 2018 at 5:10 AM

This response is for general informational purposes only. An attorney-client relationship is not being formed.

Report Abuse

Ask a Lawyer

Consumers can use this platform to pose legal questions to real lawyers and receive free insights.

Participating legal professionals get the opportunity to speak directly with people who may need their services, as well as enhance their standing in the Lawyers.com community.

0 out of 150 characters