How does Bankruptcy affect a foreclosure?
When a bankruptcy is filed, the bankruptcy court will issue a court order that prevents any creditor from attempting to collect any debt from the person who declared bankruptcy. Creditors, even though they are owed money, may not undertake foreclosure, repossession, eviction or seizure. A bankruptcy filing by the owner of the property stops the foreclosure sale until one of the following occurs:
The automatic stay is lifted.
The bankruptcy court abandons the property.
The bankruptcy case is dismissed or closed.

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1. What is a cure amount?
2. Who can file an Intent to Cure?
3. What is a Redemption Amount?
4. Who can file an Intent to Redeem?
5. How does Bankruptcy affect a foreclosure?