Legal Question in Bankruptcy in Michigan
Post bankruptcy
If we are to sell our boat after filing for bankruptcy will they take some or all of the money we receive
Asked on 3/22/09, 5:44 pm
1 Answer from Attorneys
Lesley Hoenig
Lesley A. Hoenig, Attorney at Law
Re: Post bankruptcy
You will need court permission to sell the boat, it will need to be for fair market value, and any amount that isn't exempt will have to be turned over to the trustee (after any liens have been paid).
Answered on 3/23/09, 8:54 pm
Related Questions & Answers
-
Bankrup i want to file charpter 7 bank can't afford to pay my visa card payments Asked 3/17/09, 9:47 am in United States Michigan Bankruptcy Law
-
Bankruptcy who soon after i file banruptcy will the come and reposses my car? Asked 3/09/09, 6:03 pm in United States Michigan Bankruptcy Law
-
Bankruptcy How can i file bankruptcy when i can not pay for it . Asked 2/18/09, 6:10 pm in United States Michigan Bankruptcy Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
