Re: Effect of Bankruptsy

Posted by JJ on August 27, 2001 at 22:19:38:

In Reply to: Effect of Bankruptsy posted by Patrick on August 27, 2001 at 19:10:45:

A lot depends on the price. If the price was well below market value, the trustee will void the sale. Also, many lawyers tell their clients who are close to filing for bk to avoid property transfers until the bk is discharged.Were I you, I'd walk away from this situation.

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