Are options still valid after bankrutcy filed?

General Real Estate Investing
1

I have 3 options on property and the owner has just filed bankruptcy (Chapter 13) Are they still valid?

Thanks Rob S

2

It depends on the judge. You can’t enforce them unless you get relief from the automatic stay, but there is a good chance that the trustee will want to sell non-exempt property if the debtor’s income is insufficient to pay all his bills.