Stop Bankruptcy on Preforeclosure!!!!!! - Posted by RicAtl

import · March 13, 2002, 8:04pm

Posted by RicAtl on March 13, 2002 at 22:03:25:

Thanks guys!!!

import · March 13, 2002, 8:04pm

Stop Bankruptcy on Preforeclosure!!! - Posted by RicAtl

Posted by RicAtl on March 13, 2002 at 21:04:08:

What will stop your seller from filing bankruptcy after you have taken the property subject to and cured the loan using a private lender?

import · March 13, 2002, 8:33pm

Why do you care? - Posted by JoeKaiser

Posted by JoeKaiser on March 13, 2002 at 21:33:39:

You own the thing and the likelihood of the bankruptcy trustee unwinding it is probably is slim at best.

JoeK

import · March 13, 2002, 8:20pm

Re: Stop Bankruptcy on Preforeclosure!!! - Posted by JohnBoy

Posted by JohnBoy on March 13, 2002 at 21:20:18:

Nothing! If they have other debts they can’t pay and decide to still file a BK then there is nothing you can do to stop them from filing one, other than offering to pay ALL their debts for them! But who in the heck would do that???

import · March 13, 2002, 8:37pm

Re: Stop Bankruptcy on Preforeclosure!!! - Posted by RicAtl

Posted by RicAtl on March 13, 2002 at 21:37:28:

What will be good preventive strategies? Check the seller’s credit.