Selling a house in Chapter 7 or Chapter 13
Bankruptcy sales need court or trustee approval. We're a buyer that can wait for that approval and still close quickly once it's granted.
- No repairs or cleaning
- No agent commissions
- Funds held by title
The short answer
DispoKey buys houses for cash during Chapter 7 and Chapter 13 bankruptcy, coordinating with the seller's bankruptcy attorney and trustee and closing as soon as the court or trustee approves the sale.
What weighs on you
We hear this every week
Court approval takes time
Many buyers won't wait for a motion to sell.
Strict rules
Who gets paid, and in what order, is set by the court.
Pressure to act
Trustees and creditors want a resolution.
Side by side
Your options, honestly compared
Direct sale with DispoKey
- Who controls the sale
- You + your attorney
- Patience for court approval
- Yes — built in
- Repairs or showings
- None
- Financing risk
- None — cash
Trustee sells it
- Who controls the sale
- The trustee
- Patience for court approval
- N/A
- Repairs or showings
- Sometimes
- Financing risk
- Varies
Traditional buyer
- Who controls the sale
- You + your attorney
- Patience for court approval
- Often walk away
- Repairs or showings
- Usually
- Financing risk
- Mortgage contingency
How it works
Four calm steps, at your pace
Loop in your attorney
We talk to your bankruptcy attorney first. Always.
Written cash offer
Clear terms the attorney can attach to a motion to sell.
Court or trustee approves
We wait for the order — no pressure to rush it.
Close and distribute
Title follows the court order on who gets paid.
The short answer
DispoKey buys houses for cash during Chapter 7 and Chapter 13 bankruptcy, coordinating with the seller's bankruptcy attorney and trustee and closing as soon as the court or trustee approves the sale.
- 1Loop in your attorney
- 2Written cash offer
- 3Court or trustee approves
- 4Close and distribute
Chapter 7 vs. Chapter 13 home sales
In Chapter 7, a trustee may sell non-exempt property to pay creditors; whether your home is at risk depends on your equity and your state's homestead exemption. In Chapter 13, you usually keep the home and repay through a plan — but selling generally requires court permission.
This is legal territory. Nothing on this page is legal advice. Your bankruptcy attorney decides the right path, and we work within it.
Why a cash buyer helps
Court approval can take weeks. A financed buyer's rate lock or loan approval may expire in the meantime. A cash buyer has no lender clock, which makes the approval process far smoother. Closing runs through a licensed title company or closing attorney, which pays off liens and mortgages from the sale proceeds before you're paid.
This page is general information, not legal, tax or financial advice. Rules vary by state; for your specific situation, talk with a licensed attorney, tax professional or HUD-approved housing counselor.
Questions homeowners ask
Related situations
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