Notes For Sale @ Price Exceeding UPB

[Marco Bario]

I was just looking at notes for sale on FCI Exchange and noticed a few of the Non-Performing 2nds priced >100% of UPB. They also happen to be in bankruptcy.

Here's one:

• Seller Asking: $43,196.47

• Current Balance: $32,796.65

As I mentioned, it's in bankruptcy.  Perhaps the real story comes together when reading the seller's comments?

"Pre-Petition arrearages of $24,816.84. Post-Petition balance of $27,024.91. Borrower will make post-petition payments to creditor. BK Trustee will make pre-petition payments directly to creditor. Monthly payment changes to $316.30 on 3/1/2022."

I'm new to notes investing, and especially new to bankruptcy. Would I really be buying $51,842 ($24,817 + $27,025) of outstanding debt for the price of $43,196? 

Thanks!