Cadiz, KY asked in Foreclosure, Real Estate Law and Civil Rights for Kentucky

Q: Can I sue seller of land contract for my equity in my home ; Foreclosure filed

Purchase price. $132182

Cash down. $43082

Payments $23160

Appliances $ 3850

Balance. $65940. TOTAL EQUITY

Seller started Foreclosure suing me $11000

Non compliance House Insurance

Non compliance property taxes

I filed Bankruptsy to stop foreclosure

2 Lawyer Answers
Timothy Denison
Timothy Denison
Answered
  • Consumer Law Lawyer
  • Louisville, KY
  • Licensed in Kentucky

A: The claim against the seller belongs to your trustee in bankruptcy.

Anthony M. Avery
Anthony M. Avery
PREMIUM
Answered
  • Criminal Law Lawyer
  • Knoxville, TN

A: Hopefully you have exempted a personal property right in the contract. No Homestead

Exemption applies as that is not owning real property. An Amendment to your Petition may be in order unless you actually have a Deed.

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