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Account Closed
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Purchased Foreclosed Home at Auction - Bankruptcy Stay Added

Account Closed
Posted

Hi Everyone, 

I bought a property at foreclosure auction (association foreclosure) about 3 days ago in Miami-Dade county. Today I see there is an Order Case Pending Bankruptcy Stay. I noticed there was a Suggestion of Bankruptcy (Chapter 13) entered after the property was sold at auction, same day though. Does this mean I'm losing the property, or do I have any options available to me? 

Thank you for any insight you might have. 

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Andy Mirza
  • Lender
  • Ladera Ranch, CA
1,105
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1,530
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Andy Mirza
  • Lender
  • Ladera Ranch, CA
Replied

@Account Closed Lots of good advice for you here. Before you go to the expense of hiring a lawyer, check on the status of the case first yourself through PACER. You'll have to set up an account first but then you'll have access to all publicly filed documents. Check the Docket and download the Petition, Plan (if it's a Ch 13), and the Schedules. You'll have a better idea of what's going on and what to ask an attorney. 

https://pacer.login.uscourts.gov/csologin/login.jsf

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