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Updated over 16 years ago on . Most recent reply

User Stats

296
Posts
6
Votes
Jason F
  • Real Estate Investor
  • Gainesville, FL
6
Votes |
296
Posts

How Long Will a BK delay a Foreclosure?

Jason F
  • Real Estate Investor
  • Gainesville, FL
Posted

I've heard several different stories concering the affects of a BK on a foreclosure. A lot of investors say to keep mentioning BK to a seller's bank to 'scare' them. It doesn't really seem like that would help. Why would a bank fear a BK enough to consider a larger shortsale?

Anyone know how long it generally will delay a foreclosure?

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