Can I Keep Rental Property in a Bankruptcy Filing?
You may be hesitant to turn to bankruptcy during a financially troubling time, being afraid to lose your rental property. Read on here.
This depends on the type of bankruptcy you file for.
A Chapter 7 bankruptcy petition:
A Chapter 13 bankruptcy petition:
All of these scenarios assume that the first case was completed and discharged. If the first case was dismissed, as opposed to discharged, then there is no time bar to refiling, except in certain situations.
If you have had a case dismissed within the last year, there may be some issues with refiling, depending on the circumstances. If you have this situation, contact our firm online, Schwartz Bankruptcy Law Center, to schedule a free initial consultation and discuss your situation and debt relief options.
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