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Something fishy here...

Posted by Alfred, Trainee on March 02, 2002 at 3:11 PM

Hey Ward,

Don't know what to make of this. I'm looking at purchasing a 2nd. The 1st is in foreclosure. I called the automated trustee line and it said that "the sale of Feb 21st was postponed until April 11 due to BK". This is what doesn't make sense...
1) The NOD was recorded on 12/5/01. The soonest a TTEE sale could occur would be 111 days from then, around March 27th or so. How could there have been a Feb 21st sale date??
2) I went onto PACER and the BK on this trustor turned out to be a Chap 7 that was discharged in 9/24/01 and it closed on 11/9/01. I checked for any other BK proceedings and found nothing. There is no existing BK so why is the TTEE sale being postponed due to BK?

What do you think about this? How can I get the facts straight? Thanks in advance.


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