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  • Does reaffirming rental property mortgage stop rental income from being in bk estate?

    We filed Chapter 7 BK on 2/15/11, and had our 341 meeting on 4/7/11, discharge is scheduled for 6/6/11. We have a rental property that we want to keep. Since we filed 2/15 the trustee is collecting the rent as part of our bk estate, March and April specifically.

    We want...
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  • jefferino
    started a topic Can I keep my rentals?

    Can I keep my rentals?

    I am going to file CH7 soon for credit card debt but I have 2 rentals with tenants in them.

    Is there a way for me to take advantage of this moratorium on foreclosures? I would like to keep the rentals as long as possible so that I can keep pocketing the rent. If the banks will not foreclose...
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  • Rental Income due on the first and I am filing on the 4th! Help!!

    What can I do if the rent is late? They send it to me and it could possibly be late. I need to spend that money before filing correct? I have tons of house bills I could pay with that money just wondering if I need to wait until its gone??.

    I am asking because it is due to me on the...
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