Ohio  |  Bankruptcy

Re: property taxes

It sounds like you should be filing a chapter 13. Depending on your income, whether your sibling will sign a disclaimer of inheritance on the house, whether you intend to reside at the house, and other factors, it may be possible to formulate a chapter 13 plan that would allow you to pay the property taxes over time. Whether this will work will require a detailed analysis of your situation. If you have further questions, etc., feel free to contact me at 513-621-2201 (Cincinnati Office)

Re: property taxes

If you file a Chapter 7 BK, you will lose the house, as the trustee will want to sell it to pay off debts. Chapter 13 is the preferable option, as you can keep the house, even though you must pay off a percentage of your debts.