Foreclosures
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal



Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago on . Most recent reply

Purchased property at auction and previous owner had bankruptcy filed
Hello,
I recently purchased a property at the auction in Virginia on May 28. There are people currently living at the property. The previous owner informed me that he had filed a chapter 7 and 13 bankruptcy for which there is a hearing on July 23. He also said that he had filed a lawsuit to the lender because he had a hearing on June 24. I called the law firm who did the auction and they said that everything was clear from their bankruptcy attorney for the property that I purchased.
Today, I went through the sheriff's office to start the 30 day notice for eviction. What kind of suggestion would you have that I should from here? Any suggestion and advice would be greatly appreciated. Thank you!
Most Popular Reply

Start from the bankruptcy side. Ask the previous owner for the case number. If you have his name, you can look it up at www.pacer.gov. If there is a case number, you should get an attorney asap. The bank may have done what it needed to do to pull the property out of the bankruptcy but you do not want to make that determination on your own.