Can you save your house from going to sale if you file Bankruptcy at the last minute?


#1

Can you stop a house from going to sale if the home owner files Bankruptcy at the last minute? Last minute meaning less than 48 hours?


#2

Hi Scott,
It is my understanding that filing bankruptcy will temporarily stop a sale at any time prior to the sale date and time. If the sale was to be held at 1pm I believe you could even file that morning and stop the sale that day. Make sure you check with a bankruptcy attorney.
Remember that filing BK does not cancel a sale it will typically postpone until the bank can get a relief of stay and proceed with the sale.