Pilot Program in Bankruptcy Selling Houses, Skipping Foreclosure - D...

10/06/15


Daily Business Review (registration)

Pilot Program in Bankruptcy Selling Houses, Skipping Foreclosure
Daily Business Review (registration)
In September, one sale turned a no-asset bankruptcy case into a deal that partially satisfied the first mortgage and generated a $13,000 carve-out for unsecured creditors and $10,000 for a nonfiling spouse. By arranging the bankruptcy sale, marketers ...

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