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Bankruptcy Attorney News
Archive for November, 2008

I heard that if you file for bankruptcy, you will never be able to buy any kind of property again. Is this true?
November 1st, 2008

This statement is completely false. The Bankruptcy laws were designed to provide individuals with a fresh start, which includes the ability to buy and sell real estate. There are no laws that prohibit you from buying homes, cars, trucks or personal property.

While you are in a Chapter 13, you must obtain permission from the Bankruptcy Court to sell or purchase real estate.

Posted in Concerns About Filing For Bankruptcy, Property and Assets | No Comments »