Bankruptcy Wizard
Okay, so I surrendered my investment property back in October, 2009. They still have not sold it at auction. I am still the legal owner!!! (Makes me mad as I just checked the property assessor's website, and I'm still the legal owner.)
That makes it 7 months. Mind you, that the property was in foreclosure prior to me filing in July, which means that the lender continue the foreclosure sale immediately after getting the motion for relief from stay. (This is because the State in which the house is located, allows a lender to just continue where they left off, rather than restarting the entire procedure.)
I have received multiple mailings stating that the sale was postponed, but the last mailing indicated that it would occur on 4/6/2009. Well? It's now 5/16/2009 and I still own it.
So, technically, it was to foreclose (sell at auction) in July of 2008 and I filed to stop that foreclosure in July 2008 (5 days before Sheriff's Sale/Auction). That means that it's 10 months of this. I told them I'd even just QC it back to them or do whatever... but they want to follow the foreclosure process. Right.
I still have insurance on it, but it expires 6/24/2009. If they don't seel it by then, too bad... I'm not renewing the insurance.
That makes it 7 months. Mind you, that the property was in foreclosure prior to me filing in July, which means that the lender continue the foreclosure sale immediately after getting the motion for relief from stay. (This is because the State in which the house is located, allows a lender to just continue where they left off, rather than restarting the entire procedure.)
I have received multiple mailings stating that the sale was postponed, but the last mailing indicated that it would occur on 4/6/2009. Well? It's now 5/16/2009 and I still own it.
So, technically, it was to foreclose (sell at auction) in July of 2008 and I filed to stop that foreclosure in July 2008 (5 days before Sheriff's Sale/Auction). That means that it's 10 months of this. I told them I'd even just QC it back to them or do whatever... but they want to follow the foreclosure process. Right.
I still have insurance on it, but it expires 6/24/2009. If they don't seel it by then, too bad... I'm not renewing the insurance.
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