Can I purchase a house before bankruptcy discharge?
I included my mortgage in my chapter 7 mortgage. I have now come upon a very cheap property that I would like to purchase now while prices are low. If I do make the purchase, will the lender of my last mortgage be able to come after me for the money again?
Answered By: Lorene Lynn Mies, APLC
You can not incur new debt without the permission of the US Trustee and Court prior to discharge. You need to wait.
Answer Applies to: California
Replied: 8/27/2010
Disclaimer: The response above does not form an attorney-client relationship. This answer may or may not apply to you and should not be relied upon as legal advice. LawQA does not make any representation as to the expertise or qualifications of this attorney. This attorney may or may not be admitted to state bar of your state.
Answer Applies to: California
Replied: 8/27/2010
Disclaimer: The response above does not form an attorney-client relationship. This answer may or may not apply to you and should not be relied upon as legal advice. LawQA does not make any representation as to the expertise or qualifications of this attorney. This attorney may or may not be admitted to state bar of your state.
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