Bankruptcy Law Questions? Ask a Bankruptcy Lawyer Now.
Hi - my name is XXXXX XXXXX I'm a Bankruptcy litigation attorney here to assist you.
What chapter of bankruptcy are you in?
You will have to file a motion for authority to sell the property, which the court should approve. However, the trustee is entitled to 10% of the sale price as his/her fee. That will cut into the sale profits. Also, any money left over will likely be taken by the trustee and used to pay any unsecured creditors you have.
Thus, it is not likely that you'll realize any of the money from the sale.