Can a person purchase a rent to own property if in bankruptcy ? - rent to purchase
If a person is bankrupt may enter into a lease agreement to purchase or lease of another property?
Rent To Purchase Can A Person Purchase A Rent To Own Property If In Bankruptcy ?
3 comments:
I say yes. You will not own the house until you pay. Right? If the truth is not in your name and the bankruptcy is completed before the house with your name, I say go for it.
Everything he owns, is on a farm, which is a designated administrator and the trustee in bankruptcy is managed effectively for you until the bankruptcy was dismissed. You can do anything without the approval of the administrator.
Legally "NO", you can not buy another property while in bankruptcy, on pain of annulment of the bankruptcy laws.
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