Seller Filed Chapter 7 Prior To SS

I have a seller that has filed a chapter 7 bankruptcy about 10 days ago and now wants to do a SS.



What is your experience with bankruptcy being filed in this manner??



I did have one released from the bankruptcy but as the seller does not live in the property I am wondering if the situation might be different??



I am sure that in addition to the Ss I will have to have the trustee sign off on the sale.



I plan on still going forward on it as my worst SS was a 25 K deal on a flip. I have never held one yet. and have been doing from 2-5 a month

[ Edited by Stockpro99 on Date 10/17/2005 ]

Comments(2)

  • Stockpro9922nd October, 2005

    My attorney says to wait for 3-4 weeks to see how the 20,000 filings here shake out and how long it will take for the court to put it on the docket..

  • mcole26th October, 2005

    Greetings blessed12,

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