October 26th, 2011 by Questions
How long are we able to stay in our home after bankruptcy has been claimed, or do we need to vacate prior to claiming?
Posted from: Ontario
October 26, 2011 at 12:33 pm, A licensed trustee said:
Most trustees will strongly suggest you move out BEFORE you actually file if you plan on surrendering the house to your mortgage company. By moving out before you file it makes it perfectly clear to everyone involved that you are gving up the house. If you stay in the house after you file you will be expected to continue to make utility andf mortgage payments while you remain in the house.
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