Comments on: Indiana Bankruptcy Blog Reader’s Question: Is There Such A Thing As Lookback On Assets In … http://get-bankruptcy-help.com/bankruptcy-help-articles/indiana-bankruptcy-blog-readers-question-is-there-such-a-thing-as-lookback-on-assets-in Need Bankruptcy Help - We can help you Fri, 16 Sep 2011 09:16:58 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Jim Kinman http://get-bankruptcy-help.com/bankruptcy-help-articles/indiana-bankruptcy-blog-readers-question-is-there-such-a-thing-as-lookback-on-assets-in/comment-page-1#comment-298 Jim Kinman Mon, 13 Sep 2010 21:57:29 +0000 http://get-bankruptcy-help.com/bankruptcy-help-articles/indiana-bankruptcy-blog-readers-question-is-there-such-a-thing-as-lookback-on-assets-in#comment-298 I am considering to sell my home on contract to someone who is preparing to file bankrupcy. He is losing his half-million dolar home in the process but has cash to make a substantial downpayment on my home. Can the court bring that cash downpayment back into the bankrupcy and take it a way from me? My home is valued in the low $200's I am considering to sell my home on contract to someone who is preparing to file bankrupcy. He is losing his half-million dolar home in the process but has cash to make a substantial downpayment on my home.

Can the court bring that cash downpayment back into the bankrupcy and take it a way from me?

My home is valued in the low $200′s

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