Can I sell a house during a Chapter 13 bankruptcy?
Asked on Jul 29th, 2011 on Bankruptcy - California
More details to this question:
I am about 17 months into a 60 month Chapter 13 bankruptcy. Only I filed, not my husband, and our mortgage is in his name only. So I am wondering if we are able to sell our house and if so, how it will affect my filing?
Yes. You will probably have to amend your schedules to show the change in payments, since you will no longer have one. And add rent or a new house payment as appropriate.
Yes, you can sell your home in chapter 13. Even though mortgage in your husband's name only, its community property and you should seek bankruptcy court permission to sell it. Most likely, Court will grant the permission to sell it.
Ordinarily you must seek permission from the trustee to buy, sell, or refinance real property during a chapter 13. However, if there is a non-filing spouse who has the mortgage there may not be such of a requirement. It would depend on whose name is on the title.
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