Answers.com > Wiki Answers > Categories > Business & Finance > Personal Finance > Debt and Bankruptcy > If you are a landholder on a home and the person files bankruptcy will they be able to include the debt they owe you into the bankruptcy?

If you are a landholder on a home and the person files bankruptcy will they be able to include the debt they owe you into the bankruptcy?

Answer:

Answer

They can include it, but the creditor/landholder can file a relief of stay to have the debt excluded from being discharged in the bankruptcy. The decision of what debts are to be discharged are determined by state and/or federal law and the bankruptcy judge.

First answer by Macky. Last edit by Macky. Contributor trust: 5186 [recommend contributor recommended]. Question popularity: 10 [recommend question].

Can you answer these Debt and Bankruptcy questions?

Why provision for doubtful debts is prepared? Answer it!
Why provision for doubtful debt is prepared? Answer it!
When a government runs a budget deficit what must it eventually to do in order to pay back its debt? Answer it!
What are acceptable computer programs for recording keeping? Answer it!
How long do you have after a house is sold at a foreclosure auction in Arizona? Answer it!

Relevant answers:

Home

Featured topics:

Answer these

How does the fish get rid of carbon dioxide in their body?
In: Baboons
Answer it!
What is significant about setting a description on a Cisco routers interface?
In: Cisco
Answer it!
Did Emma Watson and Kristen Stewart had any project?
In: Kristen Stewart
Answer it!
When did Shakespeare start his own company?
In: Business Plans
Answer it!
» more

Featured guides

» More