Can I sell or refinance my property during the Bankruptcy?

 

You cannot dispose of any of your property, including land, without obtaining permission from the Court.  If you sell any of your property for a profit, some of that profit may have to be applied to your Chapter 13 debts.  If you dispose of your property without Court authorization, the transaction may be set aside and your plan could be dismissed.  Please remember that any real estate broker you wish to utilize must also be approved by Order of the Court.  If you have entered a Contract to Sell any of your property, you should immediately contact your attorney, so he or she can file an appropriate motion with the Court.