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why do the trusty ask you to turn in your keys to them aftermoving out in filling chapter 7

Posted on: 12th Sep, 2010 01:51 pm
why would they ask for a appraisal on the home you moving out of an cant afford anymore? and why ask for the keys dont the house suppose to go to the bank?
Welcome Guest,

It is trustee who will sell off the property in order to pay your creditors. That may be a reason why the trustee is asking for the keys. An appraisal of the property will help the trustee know the true value of the property. If you're unable to pay for the appraisal, you should let the trustee know about it.
Posted on: 12th Sep, 2010 08:27 pm
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