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While in bankruptcy can you lease your property?

Updated: 8/17/2019
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14y ago

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Yes

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14y ago
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Q: While in bankruptcy can you lease your property?
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Are you responsible for any end of lease payments at the end of a lease during which you filed for bankruptcy since no money can be demanded from you?

If the matter in question was included in the bankruptcy discharge, you may not have to pay it. If it was left out, or the property owner was allowed to opt out of the bankruptcy discharge the debt is collectable.


How will bankruptcy affect the sale of real estate property?

No property can be sold, transferred, refinanced, etc. while in bankruptcy without the permission of the bankruptcy court.


If you have filed bankruptcy and you break your lease do you still have to pay?

You should have told the court and the trustee in the chapter 7 documents what your intentions were with respect to the lease. If you were terminating the lease, you must return the leased property to the creditor.


Is a lease void if the tenant signs it a month before filing a bankruptcy petition the petition is filed 4 days before the occupancy specified in the lease and this was never disclosed to landlord?

The leae is entirely effective and subject to the BK. The terms of the lease make it so the property is provided at a later time, but the lease, as a contract and promse to furnish and a promise to pay for that property is in effect.


Does a month to month lease protect a landlord from tenant bankruptcy in California?

Bankruptcies don't cover issues regarding rent. The renting of property, especially residential, is not an extension of credit-- it's the right to live on the property. A tenant filing bankruptcy still has to pay rent.


Cosign lease extension?

If I cosign an apartment lease for a friend can I file bankruptcy against the landlord to get out of the lease.


Can a tenant dreak a lease if tenant has bankruptcy?

No.


Is a rental Lease void if the owner files a Bankruptcy 7 and does not reaffirm the property?

Leases are not reaffirmed like secured property is. Leases are either assumed or not assumed, and there is a difference. There is no way to answer your question without knowing more specific facts about what is happening in the chapter 7 bankruptcy proceedings.


What happens to a written lease agreement when the land owner conveys the land to another person?

If the lease was properly executed by the lessor and lessee the property is subject to the lease and the new property owner must honor it.If the lease was properly executed by the lessor and lessee the property is subject to the lease and the new property owner must honor it.If the lease was properly executed by the lessor and lessee the property is subject to the lease and the new property owner must honor it.If the lease was properly executed by the lessor and lessee the property is subject to the lease and the new property owner must honor it.


How can you refinance your auto lease while in bankrutcy?

You may be able to reach a new deal with your leaseholder. The bankruptcy judge may cancel your lease. Or you may be able to convince your leaseholder to come up with a better deal since otherwise you will need to take it before the bankruptcy judge.


Can you lease your home after chapter 7 bankruptcy?

Yes


Can you include a personal lawsuit in a ch7 bankruptcy?

I have closed a business and gone through a divorce leaving me with an unpaid lease of $5,000 and unpaid lease on the business location. Can these be included a bankruptcy?