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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Bankruptcy and Re-start of Trustees Sale Posted by Rick, the Probate Guy on November 20, 2009 at 8:35 AM In Reply to: Bankruptcy and Re-start of Trustees Sale posted by Derek on November 20, 2009 at 6:28 AM Generally, the practice is to postpone (not "cancel") the initial sale, and continue to postpone until the debtor's Bk is either discharged, confirmed or the debt satisfied. The primary advantage of this for the trustee/bene is that they avoid additional republishing costs. There are a small handful of t-sale buyers who track sales postponed by bk for months ans sometimes years, with hope that as time goes on, the t-sale continues to fall off more and more bidders' radar. Follow Ups: Re: Bankruptcy and Re-start of Trustees Sale Derek 10:41 AM, 11/20/09 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Generally, the practice is to postpone (not "cancel") the initial sale, and continue to postpone until the debtor's Bk is either discharged, confirmed or the debt satisfied. : The primary advantage of this for the trustee/bene is that they avoid additional republishing costs. : There are a small handful of t-sale buyers who track sales postponed by bk for months ans sometimes years, with hope that as time goes on, the t-sale continues to fall off more and more bidders' radar. [ 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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