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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Postponements due to BK... Posted by 2nd Fred on September 08, 2003 at 6:37 PM Hi Ward, There's a property I've been interested in that was supposed to go to sale. The original sale date was way back in March. Then it was postponed for a month due to mutual agreement. Then again for another month for the same reason. Then around May or June it was postponed for almost two months due to BK. This brought it up to the end of July. Again postponed until 9/1 because of BK. Now the latest is postponed until 11/10 due to BK. How long can this go on? Is this all the same BK? I thought if you file BK you only have about a month to postpone a sale. How does this owner keep it going? As a side note, I approached the owner back in May about an equity purchase and I got about two words out of my mouth and had the door slammed shut in my face. Now after all these postponements I think this owner knows how to play the game. But what are the rules? Thanks, Fred Follow Ups: Use PACER to figure out a bankruptcy case.. Ward-CA- 7:09 PM, 09/08/03 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Hi Ward, : There's a property I've been interested in that was supposed to go to sale. The original sale date was way back in March. Then it was postponed for a month due to mutual agreement. Then again for another month for the same reason. Then around May or June it was postponed for almost two months due to BK. This brought it up to the end of July. Again postponed until 9/1 because of BK. Now the latest is postponed until 11/10 due to BK. : How long can this go on? Is this all the same BK? I thought if you file BK you only have about a month to postpone a sale. How does this owner keep it going? : As a side note, I approached the owner back in May about an equity purchase and I got about two words out of my mouth and had the door slammed shut in my face. Now after all these postponements I think this owner knows how to play the game. But what are the rules? : Thanks, : Fred 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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