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socrateaser
socrateaser, Attorney
Category: Bankruptcy Law
Satisfied Customers: 38124
Experience:  Attorney and Real Estate Broker -- Retired (mostly)
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If a there has been a court case foreclosure (USDA), with a

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If a there has been a court case foreclosure (USDA), with a Judgement, will filing bankrupt do anything for this?
If the judgment of foreclosure has already issued from the court, but the foreclosure sale has not yet occurred, then a bankruptcy will stop the foreclosure. If the sale has already taken place, then the bankruptcy will do nothing, because the property will no longer be part of the debtor's estate.

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Customer: replied 5 years ago.
Yes the sale has already went through, I don't care to retain the property.
I still have a balance of $30,000 to pay for a house, I will never see.

Will filing for bankrupt eliminate this debt or am I wasting my time?
Bankruptcy will absolutely eliminate the deficiency debt.

Hope this helps.


And, if you need to contact me again, please put my user id on the title line of your question (“ToCustomerrdquo;), and the system will send me an alert. Thanks!

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