silverflash
Junior Member
What is the name of your state (only U.S. law)? North Carolina
I filed bankruptcy in early 2006. At the time I owned a home. I had owned that home since 1999. At the time of filing, I chose to let the home go into foreclosure. I filed paperwork for bankruptcy in april 2006. My bankruptcy was discharged in August 2006 and the home mentioned above was listed as a liability in my creditors list. The home was set to go to auction in september but i found a buyer for the home. The home was sold in october of 2006. I walked away with $800 after paying back payments/interest/creditor attorney fees etc....
While I was in bankruptcy, I rented an apartment. I moved in, May 10th 2006. I did this because I knew my credit rating would tank once the bureaus caught up with my bk filing etc and I needed a place to stay. I at that point, changed my home address to the apartment. That was may 2006.
A few years have passed since and my financial situation had improved (divorce done etc). I chose to buy a new home after my 3rd year at the apartment. I closed on the house april 29th 2009.
My question is do I qualify for the 1st time home buyers tax credit?
If not, why not specifically?
If so, why?
thanks!!
I filed bankruptcy in early 2006. At the time I owned a home. I had owned that home since 1999. At the time of filing, I chose to let the home go into foreclosure. I filed paperwork for bankruptcy in april 2006. My bankruptcy was discharged in August 2006 and the home mentioned above was listed as a liability in my creditors list. The home was set to go to auction in september but i found a buyer for the home. The home was sold in october of 2006. I walked away with $800 after paying back payments/interest/creditor attorney fees etc....
While I was in bankruptcy, I rented an apartment. I moved in, May 10th 2006. I did this because I knew my credit rating would tank once the bureaus caught up with my bk filing etc and I needed a place to stay. I at that point, changed my home address to the apartment. That was may 2006.
A few years have passed since and my financial situation had improved (divorce done etc). I chose to buy a new home after my 3rd year at the apartment. I closed on the house april 29th 2009.
My question is do I qualify for the 1st time home buyers tax credit?
If not, why not specifically?
If so, why?
thanks!!