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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Improperly Reversed Sale? Posted by SeanW on November 07, 2003 at 6:47 PM Ward, what do you think of this situation? Deed in name of H & W. 1st and 2nd DOT in name of H & W. H quitclaims the property to W. 1st begins foreclosure proceedings against H & W. W files bankruptcy. 1st gets relief of stay. H files bankruptcy. Sale takes place. Trustee reverses the sale. #1 This happened to me, but I don't understand why the sale could be reversed, if H had no interest in the property anymore. #2 If the husband's BK does produce a valid stay, why would the trustee conduct a sale, when the BK was ALREADY filed? Why not just postpone? I had assumed because the sale did take place, this BK was not going to be a problem. Follow Ups: Re: Improperly Reversed Sale? Bill H 4:01 PM, 11/08/03 (3) Had To Think About That A While SeanW 8:18 PM, 11/08/03 (2) Re: Had To Think About That A While Rick Harmon 9:16 PM, 11/08/03 (1) Horse's Mouth SeanW 3:54 AM, 11/09/03 (0) Re: Improperly Reversed Sale? Rick Harmon 10:57 PM, 11/07/03 (4) hoodia Harry Juna 8:55 PM, 02/03/05 (0) Re: Improperly Reversed Sale? SeanW 4:04 AM, 11/08/03 (0) Re: Improperly Reversed Sale? SeanW 3:55 AM, 11/08/03 (1) Re: Improperly Reversed Sale? Rick Harmon 4:35 AM, 11/08/03 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Ward, what do you think of this situation? : Deed in name of H & W. : 1st and 2nd DOT in name of H & W. : H quitclaims the property to W. : 1st begins foreclosure proceedings against H & W. : W files bankruptcy. : 1st gets relief of stay. : H files bankruptcy. : Sale takes place. : Trustee reverses the sale. : #1 This happened to me, but I don't understand why the sale could be reversed, if H had no interest in the property anymore. : #2 If the husband's BK does produce a valid stay, why would the trustee conduct a sale, when the BK was ALREADY filed? Why not just postpone? I had assumed because the sale did take place, this BK was not going to be a problem. 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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