Personal Bankruptcy lein holder

[billbowers1961]

I am buying my house on contract....he carried the contract, he told me he filed chapter 7. He owned the house outright, what now?

 

[army judge]

A land contract is nothing more than a complicated lease.

You have no equity, or ownership, until you've paid the entire debt.

I suggest you speak with your landlord.

You should begin seeking a place to live.

When they evict him, you're next.


Sent from my iPad3 using Tapatalk HD