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Updated over 9 years ago on .
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Sale of Tax Sale Deed & Prior Owner Bankruptcy
Hi,
When you win a Tax Sale Deed, what are the risks with the prior owner filing bankruptcy prior to, during or after the sale?
Does this effect your deed and how can you safeguard yourself from this if they can take the property back via bankruptcy eliminating/reducing the tax lien that caused the property to be auctioned in the first place?
Thank you in advance!!
PS If anything is know about this in regards to California law that would be a plus :)