Posted by B.L.Renfrow on March 18, 2001 at 21:00:42:
Any sale or lease would require approval of the BK court. It’s my understanding the courts will not allow an owner-financed sale while in Chapter 13. However, a cash sale or lease option shouldn’t be a problem, as long as it’s at or near FMV. The plan would have to be presented to the judge by her lawyer before she could enter into an agreement.