Death and bankruptcy

December 7th, 2012 by Questions

what happens to my house if I die during my bankruptcy and prior to discharge

Posted from: Ontario


One Response to “Death and bankruptcy”

, A licensed trustee said:

That depends on what was going to happen to your house during the bankruptcy… If was going to be seized and sold then it still will be. If there was no equity then the bankruptcy may not have any impact. Mortgage and/or life insurance may complicate all of this too. Your best bet is to discuss this in detail with your trustee BEFORE you file.

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