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stops taking my payment saying I am a lieable since I filed for bankruptcy for my taxes,never was I late on payment just tax problem. I had the money to stop the foreclosure but being upset and not knowing what I could do I sold the property so a quik sell so the foreclosure shouldn't be on my credit for the property . If I have the money could I buy that or any other property. (As long as Ithe company can accept my payment ha ha).

2007-11-24 18:15:07 · 8 answers · asked by shatee w 1 in Business & Finance Renting & Real Estate

8 answers

I am not sure what your question is. As others have pointed out, taxes are not effected by a bankruptcy, you still owe them.

You can buy your house back, if the present owner is wiling to sell, but there is nothing to compel them to do so.

You will have some trouble buying anything if your tax debt is on your credit report. You need to get that paid off.

2007-11-25 02:55:28 · answer #1 · answered by Landlord 7 · 1 0

In your case this site can be very helpful MYLOANSRATES.NET-

RE If I filed for bankruptcy for back taxes and not for non-payment of morages can I lose my house if the company

stops taking my payment saying I am a lieable since I filed for bankruptcy for my taxes,never was I late on payment just tax problem. I had the money to stop the foreclosure but being upset and not knowing what I could do I sold the property so a quik sell so the foreclosure shouldn't be on my credit for the property . If I have the money could I buy that or any other property. (As long as Ithe company can accept my payment ha ha).

2014-10-04 04:34:08 · answer #2 · answered by Anonymous · 0 0

Taxes do not disappear after filing bankruptcy. Not sure what you were attempting to gain by filing bankruptcy, but now that you have done so, your credit file is seriously damaged. Chances of approval for a mortgage are very slim, especially since lending criteria has tightened considerably since the recent wave of foreclosures started.

2007-11-24 22:21:40 · answer #3 · answered by acermill 7 · 0 0

You cannot erase tax debt by filing bankruptcy.

2007-11-24 18:18:26 · answer #4 · answered by kuntryguyy 4 · 1 0

Are you submitting a default loan on your financial disaster that has your mothers and fathers signature on it? If no longer i think you will carry this debt with you and the financial disaster. that is going to save you on your mothers and fathers domicile for confident however, cuz you wont have the flexibility to get authorized for an house or domicile loan when you record. they might would desire to co-sign with you or certainly would desire to place it of their call. you may in basic terms be a burden on your mothers and fathers in case you record. If i became into you i might greenback up and get a job and consolidate those loans at a smaller activity value and pay your debt or a minimum of get out on your person and re-determine on something on your call and pay your funds on time. it might desire to take years. do no longer try this on your credit or positioned your mothers and fathers in a bind. I are attentive to it could be uncomplicated on your debt to vanish, even yet it rather places a stopper on life. (do no longer DO IT) in case you do have your mothers and fathers on a variety of loans owed to somebody else on your declare, i might look for suggestion from my mothers and fathers first.

2016-10-18 01:21:06 · answer #5 · answered by ? 4 · 0 0

The tax people will always get their money... eventually!
the money you got from your property will be used.
and yes when bankrupt you are not allowed to own anything - it will be found and taken away - either now of in the future

2007-11-24 19:02:26 · answer #6 · answered by Mike M 4 · 0 0

you can not file bankruptcy for back taxes..

2007-11-24 18:23:22 · answer #7 · answered by LadyCatherine 7 · 0 0

Next time write first then start drinking after your done.

2007-11-24 18:18:29 · answer #8 · answered by Anonymous · 0 1

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