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Short Sales A-Z™ Online Class Chapter 13
Chapter 13
Bankruptcy
Short sales are highly associated with bankruptcy. This chapter explains how to deal with bankruptcy properties such as to go along and benefit from the process. Not to work against it.
Objective:
- Understand bankruptcy from the short sales point of view.
- Identify issues before they become problems.
- Handle transactions, by using the effects of bankruptcy in your favor.
- Not by fighting against them.
Outline:
- Bankruptcy Definition
- Stay
- Relief from stay
- Bankruptcy types
- Chapter 13
- Chapter 7
- Exemptions
- Bankruptcy timeline flowchart
- Length of each stage
- Legal implications
- Debtor actions
- Creditor reactions
- Additional bankruptcy issues
- Quality of the bankruptcy service
- Bankruptcy case information
- Sample document analysis
Time:
- 14:55 minutes


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