top Ad Widget

Collapse

Announcement

Collapse
No announcement yet.

Property exemptions when you want to give back the house

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

    Property exemptions when you want to give back the house

    Hi -

    I'm filing pro se and inputting data into one of the forms that companies sell for doing so. I've just filled out schedules A and B and most of C. What I'm wondering is that I have listed my house as "Real Property". It is valued at about 232k and I owe 235k. I have no interest in keeping it and I've told the bank as much but they won't do anything about that (except to do a short sale, which has gotten me nowhere). So, I want to include it in bankruptcy.

    I don't claim any exemptions again the house, do I? There is zero equity in it.

    Thanks!
    Filed Chapter 7 pro se: 1/27/10
    341 scheduled for: 2/25/10
    Last day for objections: 4/26/10
    Discharged! - 5/3/10

    #2
    Correct, no need to claim the homestead exemption.

    Comment

    bottom Ad Widget

    Collapse
    Working...
    X