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StartingOver10
Posts: 3,958
Registered: ‎03-06-2010
Re: CH 7 BK> Short Sale = deficiency liability?

No, the SS after BK does not open the door for a deficiency.

 

Talk to your BK attorney. Find another CDPE.

 

The Arms Length Transaction rule is enforced. You can't sell to a relative unless the bank is paid in full and its not a short sale.