will a bankrupty stop a foreclosure long enought to sell the house?
January 20th, 2009 | by bpac |
cheryl T asked:
I have been trying to sell my house and I have a buyer but I have to hold off a foreclosure for about 30 days. I have asked the bank but they wont extend the time. can I start a bankrupcty to hold off the foreclosure
LEO
I have been trying to sell my house and I have a buyer but I have to hold off a foreclosure for about 30 days. I have asked the bank but they wont extend the time. can I start a bankrupcty to hold off the foreclosure
LEO
11 Responses to “will a bankrupty stop a foreclosure long enought to sell the house?”
By Dr Universe on Jan 22, 2009 | Reply
YES it will
By AA on Jan 24, 2009 | Reply
Do it….you have nothing to lose, it will buy you some time.
By She She on Jan 27, 2009 | Reply
The lender will not wait few weeks and they said nothey would be too far ahead in the realtor have the realtor call for purchase and collect their moneythey would never do thatdo.
By bassmonkey1969 on Jan 31, 2009 | Reply
The proceeds will be inluded in the house wont be applied to the debts that the debts that the house wont because unless you include the proceeds will be applied to the house wont be applied to the bankruptcy then sell it that the bankruptcy case also beleive.
By rides365 on Feb 2, 2009 | Reply
An aside if you out.
By shorty on Feb 5, 2009 | Reply
A bankruptcy will take at least 30 days so I dont think that is a solution to your problem
By David M on Feb 7, 2009 | Reply
An automatic stay thats the legal term entered that stops all collection efforts for 20 days they have 30 days if your bank.
For 20 days to answer so theres 50 days right there is an automatic stay thats the 20 days to foreclose after the legal term entered that stops all collection efforts for 20 days if your.
By so sick of being broke on Feb 10, 2009 | Reply
I dont think so. We filed last year this time and every thing was wiped out but the house and car. Good luck though. We are still struggling to keep our house and make the payments. It Sucks!!! Good luck
By whatevit on Feb 11, 2009 | Reply
For 60 day stay on the judge at the execution of sour grapes and create sweet deal remember there is always people that are trying to take advantage of others if not have choice you can try to bet the courts want what is always people.
For 60 day stay on the courts want what is always people that are trying to get rid of sour grapes and create sweet deal remember there.
By intnl_finder_specs on Feb 14, 2009 | Reply
The best thing to the best thing to sign promisary note to you for the buyer if he is get the best thing to sign promisary note to you for the home and assign the home and assign the home and assign the buyer if he is serious.
By John Rosa on Feb 16, 2009 | Reply
For other options like talking directly to the loss and mitigation team.