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Can I Sell My House During Chapter 13

    Yes, you can sell your house during Chapter 13 bankruptcy, but it will likely require the approval of the bankruptcy court and may be subject to certain restrictions.

    The sale of a house during Chapter 13 bankruptcy is considered a “disposition of property” and the proceeds from the sale might be required to be applied to your Chapter 13 repayment plan. The bankruptcy court will typically require that the sale proceeds be used to pay off any liens or mortgages on the property before applying the remaining funds to your Chapter 13 plan.

    Additionally, the sale of your house during Chapter 13 may require the approval of the bankruptcy trustee and the creditor holding the mortgage on the property.

    It’s recommended to consult with a bankruptcy attorney to understand the specific restrictions and requirements that apply to your case. They can help you navigate the process and ensure that the sale of your house is in compliance with the terms of your Chapter 13 bankruptcy.