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1/28/09, 1:17 pm

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chapter 7

I�m currently unemployed. However I collect $7500 per month in on rental properties that I am letting foreclose. I�m not paying the mortgages. Does this disqualify me from filing chapter 7

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Re: chapter 7 No, but if you aren't paying the mortgages the Chapter 7 Trustee may take the $7,500 per month from you. ...

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Answered By:

Jeffrey Cogan

Re: chapter 7 No, but you will have to turn the rental income over to the bankruptcy trustee....

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Answered By:

James Smith

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