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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: more on bankruptcy and last minute deal Posted by Ward-CA- on June 02, 2002 at 3:22 PM In Reply to: 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 ================ Greg, you don't have enough time to line up escrow and title insurance. 1. Have owner file an emergency petition in chapter 13 as soon as possible. Remember it takes 185.00 (exact denomination). 2. You don't need to get the lender's cooperation at all. 3. You can buy without title insurance. Follow Ups: Why not? Greg CA 6:51 AM, 06/03/02 (0) Post a Followup: Name : E-Mail : Subject : Comments: : : 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 : ================ : Greg, you don't have enough time to line up escrow and title insurance. : 1. Have owner file an emergency petition in chapter 13 as soon as possible. Remember it takes 185.00 (exact denomination). : 2. You don't need to get the lender's cooperation at all. : 3. You can buy without title insurance. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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