Bankruptcy filed last year and discharged can you do a short sale?

I have a client that told me he filed Chapter 7 bk last year and it was just discharged a few weeks ago. He contacted me to short sell his house which I did list. Now I have an offer on the  property and moving through the negotiations with B of A. Does this sale have any hope in closing? How do I proceed? What does the discharge actually do and mean? Thanks

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Permalink Reply by Neil L. on September 7, 2012 at 3:43pm

Just in case someone finds this thread through a search i wanted to chime in.

If you don't know if a BK has been discharged, it's VERY easy to find out and there's NO NEED to go through a title company or attorney to check.  It will cost 10 cents and you can do it in 30 seconds.  But first you must pre-register for an account at the government website: PACER, here: http://www.pacer.gov/reg_pacer.html

Enjoy.. If you don't have an account I highly recommend it.  You only pay for what you download so it won't hurt to sign up!

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