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Re: House sale approval

Posted by MPG on November 12, 2003 at 8:13 AM

In Reply to: House sale approval posted by Ward-CA- on November 10, 2003 at 6:44 PM

: : Hi Ward.

: : I just spoke with an owner who filed chapter 7 bk in CA. Not sure if that included his house or not. If so, would it be possible to still purchase it somehow? What would be the process? NOD was just filed 2 weeks ago.

: : Thanks.
: -=-=-=-=-=-

: The owner can sell his house whilst in bankruptcy as long he get the judge or trustee to formally approve of the transaction details.

Ward, I heard that there's an exemption clause to consider when I prepare my offer. What is the exemption in California?

Many thanks!


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