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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Already filed a BK, sale in three days Posted by Rick on February 22, 2004 at 8:51 AM Seller had already filed a Chap.13, but had apparently messed it up since the house is scheduled to be auctioned next week. We agreed on terms on 2/19/04(50/50 net equity split)and signed an EPA. Sale is scheduled for 2/26. - How do I stop the sale? I have the $30k cash needed to reinstate, so that is no problem, but I'm worried how to protect myself. Does the BK court still need to be involved and how do I handle that part? -Should I get the seller (only one person on title) to sign a deed today, before the 5 day right of cancellation is up? -AND I want to use a THT to keep insurance and financing in place. I'm confused as to what I should do, and time is definately of the essence. Follow Ups: What to do... Ward-CA- 1:58 PM, 02/22/04 (6) Re: What to do... Rick 10:02 PM, 02/22/04 (5) Make a secured loan... Ward-CA- 10:47 PM, 02/22/04 (4) Predatory Lending?? Lughead 2:49 PM, 02/23/04 (1) No, I don't see any egregious terms whatsoever.... Ward-CA- 11:09 PM, 02/23/04 (0) Re: Make a secured loan... Dave 11:32 AM, 02/23/04 (1) Foreclosure urgency and very soft terms... Ward-CA- 11:01 PM, 02/23/04 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Seller had already filed a Chap.13, but had apparently messed it up since the house is scheduled to be auctioned next week. : We agreed on terms on 2/19/04(50/50 net equity split)and signed an EPA. Sale is scheduled for 2/26. : - How do I stop the sale? I have the $30k cash needed to reinstate, so that is no problem, but I'm worried how to protect myself. Does the BK court still need to be involved and how do I handle that part? : -Should I get the seller (only one person on title) to sign a deed today, before the 5 day right of cancellation is up? : -AND I want to use a THT to keep insurance and financing in place. : I'm confused as to what I should do, and time is definately of the essence. 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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