I sold a house and the buyer sued me for nondisclosure. An arbitrator ruled in favor of the buyer and ordered that the contract be rescinded. Now I have to buy back the property and pay all costs related to the transaction including attorney fees.
Can I declare bankruptcy to get rid of this debt?
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Don’t see why not since this is a civil and not criminal issue.
Find a local bankruptcy attorney that you like and make an appointment to go in and discuss this issue with them.