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more on bankruptcy and last minute deal

Posted by Greg CA on June 02, 2002 at 8:52 AM

Ward,
I found the owner of an abandoned property. He lives out of state.

1. Can I have him file the emergency chapter 13 here in CA if I need to? (Sale date is in 4 days.)

2. Should I have him tell the lender a sale is in process, in hope of getting a delay that way first?

3. Finally you warned in another post (Apr 13 to Teresa) that I won't be able to get title insurance until the bankruptcy is dismissed by a judge. Were you saying to proceed without title insurance? Or rather to get the formal dismissal before close of escrow.

Greg



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