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Foreclosures

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John E Ceisel
  • Developer
  • San Diego, CA
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35
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Bankruptcy Delay Opportunity

John E Ceisel
  • Developer
  • San Diego, CA
Posted Jul 21 2017, 11:02

Hello BP!

I am following a foreclosure where the auction was delayed due to bankruptcy filings.  Because I do not have the cash available to buy at auction, I'm hoping this is an opportunity to contact the current owner and pursue a purchase outside of the foreclosure process.  

The previous owner passed away, but I believe he signed over power of attorney to his wife or a family member beforehand.  

My question is whether or not somebody with power of attorney can legally sell a property once the foreclosure process has already begun during a bankruptcy stay. 

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