Community Leader
Super Contributor
Posts: 7,427
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.