Our house burned on May 2005, we had replacement insurance on it, and the insurance co won't pay us, so we got a lawyer to fight that, but now what do I do, we moved to another house, and I was thinking that we could just rent the burned house out after it was fixed. So now we have two mortgages, and no rent money. The lawyer said we had a case. But now what do we do since we can't afford both house payments? Can we file bankruptcy on the burned home?
Serious answers please.
2006-11-15 16:52:26 · 5 answers · asked by babylove 2 in Business & Finance ➔ Personal Finance
Insurance companys usually will finally come around if you bug them to death. You have to call every day. I am serious, call every day and bug them to death. Lawyers will give you the run around also. You pay them very good and they will drag you around until they get a big chunk of what you want to recover. I suggest you get on the phone and bug the insurance company and lawyer until they are nuts. You have purchased protection from this kind of thing with insurance. Unless you have proven guilty of burning your own house the insurance should pay. Bug them, Bug them, Bug them, and Bug them. A good way to do this is contact the department of insurance for your state.
Please do not file bankrupcy. This is not a solution for bad insurance companys. Call them every day. Bug the hell out of them until you get results. Bug the lawyer. Hopfully that was serious enough for you.
2006-11-15 16:59:24 · answer #1 · answered by dkf2222 2 · 1⤊ 0⤋
At MYLOANSRATES.NET- you can find the best financial solutions
RE How do I file bankruptcy on a burned home?
Our house burned on May 2005, we had replacement insurance on it, and the insurance co won't pay us, so we got a lawyer to fight that, but now what do I do, we moved to another ...show more
2014-10-09 16:30:43 · answer #2 · answered by ? 1 · 0⤊ 0⤋
I am not an attorney, but you file bankruptcy on debt. The house that burned is a debt.
But I am not sure how that will factor out if you win the lawsuit against the insurance company.
2006-11-16 00:54:51 · answer #3 · answered by maamu 6 · 0⤊ 1⤋
You can not just file bankruptcy for the house alone. I agree with the guy below. Call the insurance over and over. Why wouldn't they cover it? Check out http://www.CreditCardHelpDesk.com you might be able to get some more info there.
2006-11-16 01:18:15 · answer #4 · answered by Anonymous · 0⤊ 1⤋
You should call your insurance company first if you had any.
2006-11-16 00:55:09 · answer #5 · answered by axc772000 4 · 0⤊ 2⤋