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Updated over 16 years ago,

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What happens if a bank goes to auction after the BK is filed?

Preston Hamilton
Posted

Got a call from a client today, they said that they spoke with the trustee on their auction when they were sending them their BK information. Two days later the house went to auction anyway, when they called the trustee back they were told that "the bank didn't accept their bk filing".

New one for me. I have had banks unwind auctions before in error, but never when they said they refused to accept a bk. The client really is filing a bk, so I stepped out of the listing etc. Just trying to point them the right way.

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