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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Second BK Filing After Sale Posted by SeanW on October 31, 2003 at 7:53 PM Ward, the trustee has told me there has been a second bankruptcy by the mortgagor. I will be refunded, and the sale reversed. I know from the archives, it will take a minimum of a month to get the automatic stay lifted. (Then add in the N.C. notice requirements, and it would be more like 7-8 weeks for the next auction date.) I'm weighing whether to follow this deal through PACER and wait around, or keep fishing. Do you think that lenders try any harder/quicker to get relief from automatic stay, when they have already done it once before? (Or, when a sale has taken place previously, and they were almost paid off?) Follow Ups: No apparent difference in the lender's reaction Ward-CA- 2:40 PM, 11/02/03 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Ward, the trustee has told me there has been a second bankruptcy by the mortgagor. I will be refunded, and the sale reversed. : I know from the archives, it will take a minimum of a month to get the automatic stay lifted. (Then add in the N.C. notice requirements, and it would be more like 7-8 weeks for the next auction date.) I'm weighing whether to follow this deal through PACER and wait around, or keep fishing. : Do you think that lenders try any harder/quicker to get relief from automatic stay, when they have already done it once before? (Or, when a sale has taken place previously, and they were almost paid off?) 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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