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Post-bankruptcy foreclosure...

Posted by Jeff on April 22, 2002 at 2:39 PM

Does anyone know if a grantor who has surrendered the deed to their property to the trustee in a bankruptcy is able to sell their property before being foreclosed on?

For what it's worth, there is a trustee sale scheduled by the second lien holder two weeks before the first lien holder has scheduled their trustee sale.

I'm confused why the folks have to be foreclosed on if they have surrendered all interest in the property. Can someone enlighten me?

Thanks in advance!



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