Selling a Connecticut House During Bankruptcy
You can sell a house during Chapter 7 or Chapter 13, but the rules are different and the trustee or court is involved. Here is the general outline to review with your attorney.
See Your MAX Offer
Start with the address. A CT MAX buyer calls you back, and your written number follows the walk-through.
Chapter 7
The house becomes part of the bankruptcy estate. A sale is typically handled or approved by the trustee, who looks at equity above the homestead exemption. Talk to your bankruptcy attorney first.
Chapter 13
You usually keep control of the house, but selling generally needs court approval, often through a motion to sell. The proceeds are applied as the plan and the court direct.
Where a cash buyer helps
Court approval takes time, so buyers with mortgage contingencies often drop out. A written cash offer with no financing contingency is easier for a trustee or judge to approve, and CT MAX can wait while the court process runs.
This is general information, not legal advice. Every bankruptcy is different.
Comparing the numbers
Listing vs. a MAX Offer, side by side
| Listing with an agent | CT MAX cash sale | |
|---|---|---|
| Commission | Typically 5–6% of the price | None |
| Repairs and cleanout | Usually on you, plus whatever the buyer’s inspector finds | None, the house is bought as it stands |
| Showings | Open houses and private showings | One walk-through |
| Financing risk | Buyer’s mortgage and appraisal can fall through | Cash, no lender |
| Closing date | Set by the buyer’s lender | The date you pick |
| Price | Often higher for a house in good shape | Reflects the condition, in writing, and does not drop after you sign |
Common questions
Does bankruptcy stop a foreclosure?
Filing triggers an automatic stay that generally pauses collection and foreclosure, subject to court rules. Ask your attorney how it applies to you.
Will you talk to my attorney or trustee?
Yes. We send them the written offer and anything else they need.
General information only. Rules and costs vary by house and town. Talk with a licensed Connecticut professional about your specific situation.
From first call to cash in hand
- Day 1
Share the address
Call, text or use the form. We ask a few questions about the house and your deadline.
- Day 2–3
One walk-through
A CT MAX buyer sees the house once. No cleaning, no repairs, no open houses.
- Within 24 hrs of the visit
Your MAX Offer in writing
A firm cash number with no commission taken out. Take it, counter it or walk away.
- The date you pick
Attorney closing
A Connecticut closing attorney pays off the liens and hands you the balance.
Want the number in writing?
Get a written MAX Offer for the house as it stands. Saying no costs nothing.