Bankruptcy and Real Estate
My sister and her husband have filed for bankruptcy. They are losing their home
And land. Their land adjoins my property. The land has been in our family for many years, and I really need to save their property for that reason alone. I would like to buy the land but don't know how to go about doing this. I need to be able to buy it at the lowest possible price. There are three mortgages on the house and three acres. There is also seven acres in addition to the three acres. What is the process? Do I contact the mortgage companies? Do I wait until it goes to the Courthouse steps? Help!