Will my payments increase if I rent? 2 Answers as of August 27, 2010
I filed for chapter 13 bankruptcy a few months ago. I was thinking about selling my home but now want to rent it out because of interest that I have received. If I decide to rent out my property, will my bankruptcy plan payments increase?
Diefer Law Group, P.C.
| Abel Fernandez
Not necessarily, if the rent is the same as the mortgage payment, and your new rent is the same as you were paying before then it should all remain the same.
Answer Applies to: California
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