Legal Question in Bankruptcy in Michigan

Bankruptcy & Real Estate

I am in a Chapter 13 Bankruptcy filed to protect my Condo which was in foreclosure. I became unemployeed in January ''08 and have thus NOT made a payment since. What can I do to rid myself (sell, give back, walk away) of this condo - which is comping at over $30,000 less today than a year ago. The trustee has not contacted me, nor I him. Thank you for any advise you can provide.


Asked on 5/13/08, 4:04 pm

1 Answer from Attorneys
Audra Arndt Audra A. Arndt & Associates, PLLC

Re: Bankruptcy & Real Estate

You need to get a bankruptcy lawyer and quickly. Also, you need to contact your lender to determine what they are willing to do in a situation like this. All transactions must be approved by a trustee before finalized.

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Answered on 5/20/08, 1:54 am


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