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If you own a rental property in one state that you are upside down on and is currently vacant and unable to rent out but live in another how does that effect your ability to file bankruptcy?
Bankruptcy is a Federal court procedure and law. The location of the things you own make no difference to your ability to file. BK includes ALL your assets and ALL your debts.
If you own a home can you file for bankruptcy?
Yes
Can you file bankruptcy on a rent to own home in Pennsylvania?
Yes you can file bankruptcy. However the "rent to own home" is not owed by you and is still owned by the "landlord". You can continue with the "rent to own" or walk away. Bankruptcy is an entitlement to citizens for debt relief
Where can I find free information on reasons to file bankruptcy and how to claim and file bankruptcy on my own?
It's very difficult to file without a lawyer, but it can be done. The US government themselves lay out the process at http://www.uscourts.gov/FederalCourts/Bankruptcy/BankruptcyResources/FilingBankruptcyWithoutAttorney.aspx
How can you buy land without a house so you can tent it or build your own?
By going to a real estate office and telling them you want to buy vacant land. You pick out the land you want, get financing if necessary, and close on it. Lots of people buy vacant land.
Where can you get free chapter 7 bankruptcy information in the state of Minnesota?
Use this FREE ""Do it Yourself"" Bankruptcy Site to see filing bankruptcy is the right solution for solving your personal debt problems.Filing bankruptcy is perhaps the most difficult decision you'll ever make! I'm sure you have many questions about filing bankruptcy. Questions like, ""Am I qualified to file bankruptcy"" , ""How hard is it to file on my own bankruptcy"", ""How much does it cost"" and the most important question of all; ""Can I file my own bankruptcy without an attorney?"" Get answers to these questions and over 40 more with our in-depth FAQs. Select the bankruptcy chapters' links on the left.
If you own a business do you need to file a business bankruptcy for the business?
yes and read the fine print
Can a house be added to a bankruptcy after 9 months into the bankruptcy?
When you file bankruptcy, you must include ALL assets that you own. You can't pick and choose. This is considered fraud upon the court. So, absolutely not.
Can bankruptcy be filed on partially own property?
The answer to this really depends on the nature of the property and how it is held (i.e. tenants in common, joint tenancy). You can file for bankruptcy for your personal debts. If the ownership debt is easily severable then it is likely that you would be able to file for bankruptcy and include the property as well.
You own a condo in Florida work in New York and live in New Jersey what state should you file bankruptcy?
Bankruptcy must be filed in the state in which you reside for the majority of the year.
How does a person get and own land?
In America today people think they own their land, but unless they have the Land Patent on the land they may not own it.
When did AIG file bankruptcy?
AIG did NOT file bankruptcy. It was bailed out by the Federal government, who now owns 79.9% of the company (just shy of the 80% needed to formally put it on Uncle Sam's books). Past stockholders--or whoever bought shares from them--still own the rest, unlike a true bankruptcy such as GM or Chrysler.
