How to reverse a foreclosure sale after bankruptcy was filed.?
My home was sold at foreclosure sale after I filed bankruptcy and notified the lender here in FL. Is there some way to reverse the sale? What do I file?
6 Responses to “How to reverse a foreclosure sale after bankruptcy was filed.?”
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Depending on the terms of your note and bankruptcy, you may or may not have a right.
Your lawyer should be taking the sale to the court for review. Generally the court has to approve such a sale.
Usually a BK will stop a foreclosure but if it was already sold at auction you may be out of luck. Your Bk attorney didn’t do their job!
I am not aware of any way for you to reverse a foreclosure. Once the lender takes possession and title it’s over for the homeowner. However, you could potentially purchase the property again when/if it is offered for sale.
Your lawyer can get this done. You have a lawyer don’t you.
Just a forewarning, you may very well be out of luck at this point. Just preparing you. I too live in Florida. If your attorney didn’t do what they needed to do, might as well start the moving process. I’m sorry.
Not to be mean but Florida is one of the worst 3 states for jobs. The positive part is you can now move to an area where there are more jobs if that is feasible for you and your family.
If it is a Judicial Sale than you still have options. The sale has to be approved by the Judge after all and it takes time : 2-4 weeks. You have to check the court docket to see when the date for approval of sale is.