top Ad Widget

Collapse

Announcement

Collapse
No announcement yet.

Has Anyone Ever Bought Home in Ch 13?

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Has Anyone Ever Bought Home in Ch 13?

    We've been in a Ch 13 for one year. Surrendered our home and have been renting. We want to move back to our home state. My husband's job will not change.

    My family has land and I was optimistically thinking that instead of renting, I wonder if we could get financed for a mobile home to put on the land. Here are my concerns...

    1. From my understanding, I can move wherever I want, but must inform trustee. Right?
    2. Has anyone here actually gotten permission to purchase/finance home while in Chapter 13?
    3. If that is not an option, and we rent again...and the rent is a lot lower (which it will be based on cost of living) will the trustee just need our new address..or will they want proof of new rent and change payment?

    Thanks!
    Filed: Feb 15, 2007
    Confirmed: Sept 20, 2007
    21 months down
    39 months to go

    #2
    I would like to know also. I am also 12 months in with 48 to go. I live in CA and pay 1050 a month on rent but I could move to AZ and get a small house and pay roughly 900 a month with no money down but then that is acquiring a new asset and dont know if that is legal. If I hear anything I will post and if you hear anything please do the same.
    Filed - 3.12.07
    Confirmed - 5.25.07
    Payments So Far - 45/60

    Comment

    bottom Ad Widget

    Collapse
    Working...
    X