Rental Property and Investment Real Estate

If you file for bankruptcy, what happens to your rental or other investment property depends, in large part, on whether you file for Chapter 7 or Chapter 13 bankruptcy.

In Chapter 7 bankrputcy, the homestead exemption does not protect nonresidence real estate. So if you have equity in the property, you may lose it.

In Chapter 13 bankruptcy, you keep your property, including investment real estate. And you may be able to reduce the amount of the loan in certain situations. But the income from your investment may increase the amount of your monthly payment to the bankruptcy trustee.

For information about real estate you live in, see Your Home in Bankruptcy.

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What Happens to Rental and Investment Property in Bankruptcy?

What Happens to Investment Real Estate in Bankruptcy?

If you own property that you don't use as a residence, you might lose it if you file for Chapter 7 bankruptcy.

Common Questions About Rental and Investment Property

Can I Keep My Rental Property in Bankruptcy?

Do you own rental property? If you own a house, an apartment, commercial space, or a multi-unit building that you rent out to tenants, then you should consider how it will be affected if you file for bankruptcy.

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The New Bankruptcy: Will It Work for You?

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How to File for Chapter 7 Bankruptcy

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Chapter 13 Bankruptcy: Keep Your Property & Repay Debts Over Time

This comprehensive guide explains the Chapter 13 process, from start to finish.
Bankruptcy for Small Business Owners: How to File for Chapter 7

With this book, you can assess the financial condition of your business, determine whether you should declare bankruptcy, and complete the bankruptcy paperwork.

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