How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Marcus Parker Your Own Question
Marcus Parker
Marcus Parker, Attorney
Category: Bankruptcy Law
Satisfied Customers: 460
Experience:  practicing attorney including bankruptcy
Type Your Bankruptcy Law Question Here...
Marcus Parker is online now
A new question is answered every 9 seconds

I am trying to find out if a person listed on a ...

Resolved Question:

I am trying to find out if a person listed on a deed as a life estate can file for bankruptcy to save the property from foreclosure
Submitted: 9 years ago.
Category: Bankruptcy Law
Expert:  Marcus Parker replied 9 years ago.
Yes. The creditor would need to file a bankruptcy motion for relief from stay. There are several things the creditor would have to prove to prevail, and if this proof cannot be made it is possible that the life tenant/ bankruptcy debtor could save the property from foreclosure.
Marcus Parker and other Bankruptcy Law Specialists are ready to help you

Related Bankruptcy Law Questions