Legal Question in Real Estate Law in Indiana
Is a house purchased on contract (from individual) protected from foreclosure if purchaser files bankruptcy (in Indiana)?
Asked on 10/13/09, 11:49 am
1 Answer from Attorneys
Jay Rigdon
Rockhill Pinnick LLP
A bankruptcy filing will delay foreclosure, but may or may not permanently prevent it, based upon house value, debt amount, income ratios, and a host of other factors.
Answered on 10/13/09, 11:57 am
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