owner filed bankruptcy 15 minutes before the sale.
Posted by Ken on July 17, 2008 at 18:17:27:
I took a property posted for foreclosure at the court house 15 minutes after the owner (a corporation) filed bankruptcy. The president of the corp. filed pro se for the corporation which they can not do. The court accepted an attorney for the corporation 3 weeks after the fact. I sent a letter to the bank telling them I don't want the money back as I consider the property mine. I am awaiting a reply from the court. The owner has 1.6 million in assets and 32,000 in liability. They refused to make their payments and ended up being foreclosed on. What is my legal position?
Follow Ups:
- Re: owner filed bankruptcy 15 minutes before the sale. - NJD 09:31:53 07/18/08
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