The question
So basically the bankruptcy was converted from 13 to 7 and now the trustee wants to sell it. There is no real equity but the current market makes it appear that way. Purchased 5yrs ago but if the owner walks away with the exemption amount that is more than what will be left over after paying off the mortgage. So basically payoff mortgage, mortgage holder gets $35k and there will be about $18k to divvy up between trustee, real estate agent and creditors. It seems silly because in the current market it's cheaper to stay in the home than trying to move. Looking for insight.