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Victor Morales
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Owner Filed for Bankruptcy foreclosure sale was conducted

Victor Morales
Posted Aug 17 2020, 15:00

I am studying following a foreclosure auction case. A foreclosure sale was conducted and the bidding winner got a Certificate of Sale Issued on 07/06/20

Defendant/Owner filed for Bankruptcy on 07/03/20, the suggestion of BK was filled on 07/14/20.

I was wondering if the bid winner would receive his money back and what are the next steps, I understand that the automatic stay protects the owner of the property from foreclosure

What are the possible scenarios to follow?

Thanks!

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