Who is responsible for a house after bankruptcy? 3 Answers as of November 11, 2010I have a client (I am a real estate agent) that filed for bankruptcy 2 years ago and the house is still in her name. Is she required to stay in the home or can she surrender the home to the bank? Who is responsible for the home?
The Law Office of Mark J. Markus | Mark Markus
Not sure I understand your question fully. Of course she is not required to stay in the home. If her bankruptcy is completed, she can do what she wants with the property, including selling it or letting it be foreclosed on.
Answer Applies to: California