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Did DR Horton home builder file for bankruptcy? - Answers.com

por Bernard Box (2019-09-06)


yes

Can you file bankruptcy if you own your home?
can a person file bankruptcy if the home is not under any mortgage?

Can you keep your home after file bankruptcy?
Depends on file bankruptcy for, and the bank and what they want to do.

Can you file bankruptcy and own a home?
You can but three things can happen depending on which type of bankruptcy you file. 1. You can either include the home in the bankruptcy and move out. 2. You can declare the house and exclude it from the bankruptcy and continue paying the mortgage. 3. You can include it in your bankruptcy and work out a payment plan with the court to continue paying the mortgage. The short answer is 'yes' you can file...

Do you have to file bankruptcy in order to foreclose?
If the mortgage is not paid.....then the home will foreclose and the owner will need to vacate. This is not a bankruptcy. So, the answer is no. You do not have to file bankruptcy in order to foreclose.

Can you file bankruptcy on a rental house and keep your home?
You don't file bankruptcy "on" anything. You file bankruptcy to get the protections bankruptcy offers. If there is no equity in the rental house and you surrender it to the creditor, you will be able to keep your (presumably different) home if it is up to date on mortgage payments, or if you file a Chapter 13 with a Plan that includes becoming current.

Can a person keep and file bankruptcy if the home is under any mortgage?
Yes he can file for Bankruptcy if he wants to depending on the situation of his property.

Can you file bankruptcy without losing your home?
Yes. Many personal assets are protected in a bankruptcy.

Can you file bankruptcy on a rent to own home in Pennsylvania?
Yes you can file bankruptcy. However the "rent to own home" is not owed by you and is still owned by the "landlord". You can continue with the "rent to own" or walk away. Bankruptcy is an entitlement to citizens for debt relief

If your home has equity and you file bankruptcy on the credit cards do they go after your home?
Generally you have to list your home as an asset. But there are different kinds of bankruptcy, and if things work out, your home ownership could be protected. See a bankruptcy lawyer!!

What if you had file bankruptcy and you kept your home what do you have to do to get in the bankruptcy now?
You need to start off by talking to your bankruptcy experts. They should be able to help.

Can you keep your home in a bankruptcy in NC?
It depends on which "chapter" of bankruptcy you file. I suggest you speak with an attorney to see what you can do.

Can you file bankruptcy and own your home?
This really depends on a number of facts that include the state that you live in, the amount of exemptions your state has for bankruptcy, whether your home has equity and whether you are current on the mortgage. It will also depend on what type of bankruptcy you are trying to file. In cases where there is no equity in your home and you are continuing to pay the home, you should be able to...

Can I file for Bankruptcy after a short sale of your home?
What does selling my home have to do with your filing bankruptcy? If it was your home you sold short, assuming an arm's-length sale to a 3d party with no fraud or deception, you should not have a problem with filing bankruptcy.

Can you file for bankruptcy without a home?
Absolutely. Happens all the time.

What happens to home warranties when a home builder files Chapter 11 Bankruptcy?
Gone unless someone buys his business and assumes debts and obligations.

How rich is Donald R. Horton?
Donald R. Horton, CEO of D.R. Horton, a home building company traded on the New York Stock Exchange, is a millionaire. The point man for "America's Builder" has a yearly income, including perks, options and extras, in the neighborhood of $5M.

Can you keep your home if you file bankruptcy on a second mortgage?
You can file bankruptcy on a home and all unsecured debt. You can include your home if you wish or re-affirm your home and your vehicles. Be sure to go to a Bankruptcy Lawyer and find out first hand. Many offer free consults and will give you a much more reliable answer than myself or any other idiot on here.

Can a person file for bankruptcy and still keep their home?
sometimes but barley ever

Can you file bankruptcy and keep your home to rent it?
yes in texas and south carolina

If your home is paid for can you still file bankruptcy?
Yes..but the house as an asset is included in th BK

Can you keep your home if you file a chapter 13 bankruptcy?
Yes, as long as you keep making the payments.

How do you prevent a home for foreclosure?
Either attempt to renegotiate the terms of your mortgage with your lender or file for bankruptcy.

Can you add a pool to home and 4 days later file bankruptcy?
That is ridiculous. No. Your case will be thrown out for fraud.

Can you file bankruptcy to include your home?
You MUST include everything you owe AND everything you own. No choice or picking and choosing.

Can a co borrower on a home file bankruptcy?
Sure. And yes, it will involve the property and credit of the other co-borrower.

If you are a landholder on a home and the person files bankruptcy will they be able to include the debt they owe you into the bankruptcy?
They can include it, but the creditor/landholder can file a relief of stay to have the debt excluded from being discharged in the bankruptcy. The decision of what debts are to be discharged are determined by state and/or federal law and the bankruptcy judge.

What bankruptcy can you file to keep your home if you are behind in payments?
If you are behind in your payments and you declare bankruptcy usually you can remain in your home and continue payments. However the lender will most likely begin foreclosure since you can't afford it and you are at higher risk.

What happens when the second home is placed in bankruptcy by mistake and is not your primary residence?
what happens when you file bankruptcy and your second home you own as an investment is placed in the bankruptcy by mistake the house getsfor closed on and sold but no title search is done to see that there are actually two mortgages on the house who is responsible for the second mortgage

If you have assets in your home can you be force to sell it if you file bankruptcy?
If the value of the assets greatly exceed the allowable exemptions, then yes they can be seized.

How can you file for bankruptcy?
How to file for bankruptcy online The following paragraph sounds very intimidating to a bankruptcy consumer, but in reality, it is not. The stack of forms to file bankruptcy is about 1/4 inch thick, there are Mandatory Credit Counseling and Debtor Education courses to take, and a Meeting of Creditors that you must attend. To fill out the bankruptcy forms, you can consult a "Bankruptcy Software for Consumers" program. You can find a quality one...

Can you keep your free and clear home if you file chapter 7?
Probably not, but it depends on the value of the home and the exemptions available to cover that value.Consult a local bankruptcy lawyer.

Which bankruptcy is for a home?
You can file either Chapter 7 or Chapter 13 as a homeowner. If you are trying to save the home from foreclosure, then Chapter 13 would be the proper chapter.

Can you file bankruptcy on a home equity line of credit and keep the house?
You file bankruptcy as an individual. It involves everything you owe and everything you own. You cannot file bankruptcy for only one loan The bankruptcy process can exempt certain assets from the process. Some debts may not be cleared. A debt secured by a specific asset has first call on the funds from the sale of the asset. If the sale fails to pay all that is owed, the additional amounts can be claimed as...

When a home is foreclosed in Tennessee are wages garnished?
Yes, when a home is foreclosed on in Tennessee and there is a deficiency between the amount collected and amount owed, your wages can be garnished to pay the difference. You may be able to file an exemption or file for bankruptcy to avoid this.

Should you keep paying your credit card bills if you are going to file bankruptcy?
No. You should use your funds to pay your secured debts, such as home mortgage or car loan, if you intend to keep it after filing for bankruptcy

Can you rent out your own home if you file chapter 7 bankruptcy?
There is no prohibition against renting property in a ch 7 bankruptcy. However, if you have a large amount of equity in the house, it might be sold to pay your creditors.

If you file bankruptcy in one state and own a home in another state may you keep it?
Bankruptcy is filed in "Federal Court". It doesn't make any difference where your assets are. The only time you can hold out is if your assets are outside the U.S. and the bankruptcy court doesn't know about them.

If you filed bankruptcy would your house be foreclosed on?
If you file for bankruptcy the court will be in charge of finding a fair settlement. They can require the person in bankruptcy to sell their primary residence if that is the main asset of value. The rules vary by jurisdiction. Independent of the bankruptcy the lender who has a loan secured by the property can foreclose and force the sale of the home if the payments are not made as agreed. A bankruptcy does...

Do it have to be 8 years exactly to file for chapter 7 bankruptcy?
Does it have to be 8 yrs. before what. have you filed before? Or do you mean 8 yrs. for selling a home? If it is the home yes in some states you can't sell a home 8 yrs. before you file. But in some states the home it 100% exempt.

What happens if your home does not sale at the foreclosure auction?
at the auction sale of my home the sale was stopped. i did not file bankruptcy. i have two mortgages own by investors need to make a decision to or to move?

You are 82 years old your house and car are paid for older home and 2001 car but you have a lot of credit card debt Can you file for bankruptcy just for your credit cards?
You file bankruptcy on all debts you owe. If you only owe money on credit cards you can file on them. Otherwise, if you owe money to a doctor, hospital, bank or other place you have to list them.

Can I file bankruptcy and keep my home?
If it is determined that you do not have an equity position in your home that exceeds the state statutory exemptions, you will be able to keep your home in a Chapter 7, as long as you continue to be current on your monthly mortgage payments

Is filing bankruptcy on your home considered a foreclosure?
No. Foreclosure is a specific action that would be filed in a county court. Filing a Chapter 7 bankruptcy would give the mortgage lender the right to file the foreclosure after the bankruptcy case is closed, unless you reaffirm the mortgage debt with the lender.

If you filed Chapter 7 bankruptcy 5 years ago can you file again on your home and when?
There is a six year limitation for BK filing. Bankruptcy will delay but not stop foreclosure on secured property, unless the debt is reaffirmed with the lender.

Will filing for bankruptcy reduce the principles on student loans and mortgages?
No, filing for bankruptcy does not discharge or reduce the principle on student loans, though the bankruptcy process may put 'recovery attempts' on temporary hold. Regarding mortgages, filing bankruptcy will potentially discharge your debt, though you may lose your home unless you choose to file a Chapter 13, which will allow you to consolidate debts and retain your home if you so choose.

Can you still keep your vacation home if you file bankruptcy if there is no equity?
In a chapter 7, yes, you can keep your vacation if you have no equity in it. This assumes you have not run out and borrowed money against it knowing you were going to file bankruptcy. In a chapter 13, the equity is only relevant to the amount to be paid to the unsecured creditors. You don't "lose" the property.

Can you sell your property in bankruptcy and what happens to the funds of the sale?
Yes you can sale your home but the bankruptcy court will take the proceeds from the sale and disburse them to your creditors that you owe. No, everything except your selected exempt property belongs to the bankruptcy estate, as of the moment you file, and it can only be sold by the bankruptcy trustee, with permission of the court, to satisfy your debts in an orderly fashion.

Can i still file bankruptcy if my home Distinctive Homes is led by Bob Kocian - certified Master Builder with 50 years of home building experience and BuiltGreen certification in the Bow Valley. schduled for sheriff's sale?
It depends somewhat on your state law regarding foreclosure sale, but as a rule, you can save your house from being auctioned by filing bankruptcy. Whether you can keep the house depends on a lot of other considerations. Consult a local bankruptcy lawyer.

Can you file bankruptcy against partially secured second loan on your home?
I guess not but if you do a loan modification that would be great atleast your payment for the house will be hold until the loan is will be finalized and you still have enough time to save up some money to pay for some remaining loans you have. as long as you can dont file for bankruptcy.

What if you file bankuptcy and have a reverse mortgage?
The reverse mortgage is typically unaffected by the bankruptcy as the mortgage is usually left out of the bankruptcy- that is a conversation you need to have with your attorney however. The bankruptcy court may look at the amount of equity you have in your home and determine what type of bankruptcy you qualify for. A reverse mortgage can even be used to pay off a bankruptcy or a mortgage in foreclosure as there are...

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