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Updated over 5 years ago on . Most recent reply

User Stats

26
Posts
9
Votes
Ricky Si
  • New York Mills, NY
9
Votes |
26
Posts

Court Order Vacating Sheriff Sale

Ricky Si
  • New York Mills, NY
Posted

I am really upset. I bought a property from sherif sale. I was going to make a hefty profit from this sale. Today I received a notice from sheriffs office advising that “enclosed please find a courtesy copy of “plaintiffs motion to vacate sheriffs sale”. One of the chapters read as follows “prior to the sheriffs sale and without providing notice to plaintiff, the borrower filed a petition for reorganization under chapter 13 of the U.S. bankruptcy code. The sherif sale was conducted in violation of Automatic stay and is therefore void. So basically, it seems like the borrower filed bankruptcy after I won the bid at the auction. Sheriffs office said they will refund my down payment which is a relief but I’m wondering if I should fight this? I’ve never done this before and not sure how to go about disputing this?

Most Popular Reply

Account Closed
  • Durham, NC
16
Votes |
50
Posts
Account Closed
  • Durham, NC
Replied

You are "really  upset" because the plantif is trying to save his house??? What's wrong with you people? Find another opportunity and be happy the previous owner is trying to salvage the property.

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