New Jersey | Bankruptcy
9/26/07, 10:35 pm
Legal Question
Bankruptcy - My residence is on my boat
I am considering filing bankruptcy
due to a my fiancial circumstances. I
own a house that I can't sell because
it is not worth what a remortgaged
and still owe on it (can't come up
with the difference), I lost my job
and may be foreclosed upon. I do
not live in this house and haven't for
the last 2 years - I have been trying
to sell it but can't get anywhere near
what I owe for it and can't make the
monthly payments due to divorce.
My residence is my boat. Under
bankruptcy law, will I have to sell my
boat even if it is my primary
residence?
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Read More Answered By: Glenn Brown |
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