Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Foreclosures
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 16 years ago on . Most recent reply

User Stats

69
Posts
0
Votes

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.

Loading replies...