Reading, PA asked in Bankruptcy and Divorce for Pennsylvania

Q: In the process of a divorceHouse isnt sellingHe is filing for bankruptcyWhat is my best options?

We split bills ones in my name vs his name

The house is the biggest issue?!

Its been on the market since last October

No one making offers to cover balance due

Cash broke!

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1 Lawyer Answer
Timothy Denison
Timothy Denison
Answered
  • Bankruptcy Lawyer
  • Louisville, KY

A: 1) Wait for House to sell.

2). Deed in lieu of foreclosure back to bank

3). His bankruptcy will stay proceedings for a bit and maybe the trustee can sell in and you will get your share, if any, after sale and payment of mortgage.

4) if YOU have no equity either, maybe you should also file bankruptcy and walk away. Consult an experienced bankruptcy attorney bc much more info is needed to properly answer these questions.

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