Keeping a Vacation or a Rental Home

July 25th, 2009

If your home has any equity (after deducting about 8% of the fair market value for costs of sale), you may very well not be able to keep the home and the bankruptcy court could take possession of the home, sell it, and give the proceeds from the sale to your creditors unless you can pay to the bankruptcy court the difference.  Rental properties and vacation homes can be complicated in a tacoma bankruptcy proceeding.  Our experienced Tacoma bankruptcy lawyers will sit down with you one on one and be able to properly advise you of the specific criteria regarding keeping a vacation or a rental home in a Pierce County bankruptcy.

Share and Enjoy:
  • Print
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google Bookmarks
  • Blogplay

Entry Filed under: Business

Leave a Comment

hidden

Some HTML allowed:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Trackback this post  |  Subscribe to the comments via RSS Feed

Most Recent Posts