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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] No apparent difference in the lender's reaction Posted by Ward-CA- on November 02, 2003 at 2:40 PM In Reply to: 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?) =?=?=?=?=?=?=?=?=?=?= Sean, I haven't noticed any difference in the lenders response to a bankruptcy filing. It seems to lme that they automatically up their attorney and away they go again. Follow Ups: 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?) : =?=?=?=?=?=?=?=?=?=?= : Sean, : I haven't noticed any difference in the lenders response to a bankruptcy filing. It seems to lme that they automatically up their attorney and away they go again. 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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