If I am in bankruptcy and have surrendered my home, can I still take my shed?
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If I am in bankruptcy and have surrendered my home, can I still take my shed?
I left a utility shed there to move at a later time. However, today when I arrived to move building, the lock has been changed on both the utility shed and home.The shed had no liens on it and was moved to location from previous home. What are my options at this point?
Asked on March 27, 2014 under Bankruptcy Law, Georgia
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 10 years ago | Contributor
When a property is surrendered or foreclosed upon, that includes any improvements or additions to the property, which will include additional structures placed upon. Even if you had brought it from a previous home, the fact that it was a structure upon this land will typically mean that it now belongs to the bank.
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