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Permalink Reply by Bryant Tutas on June 10, 2014 at 10:22am

The property will need to be released form the BK. Usually not a big deal just takes some time. Let the BK attorney know you are doing a short sale. He has to file with the courts and a judge has to sign off on it. You will probably need a contract first so build in enough time.

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Permalink Reply by Short Sale Superstars LLC on June 11, 2014 at 6:21am

You should be able to have the file reviewed for HAFA depending on if the mortgage servicer participates in HAFA. It is very possible that the mortgage servicer may require that BK is no longer active prior to them moving forward. The BK likely will either need to be discharged, dismissed, or a motion to sell may be able to be filed.

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