From a neighbor – this is all I know, but it sounds like the auction will apparently not happen tomorrow. “The wall property auction was originally scheduled for tomorrow. I called the posted number today and they said it has been postponed because the borrower has declared bankruptcy. Next planned auction date is March 23rd. I called the auctioner and they explained that it was delayed because the borrower is now in bankruptcy. She didn’t have more details, that was just listed as the reason it was postponed from tomorrow. She said the act of going into bankruptcy puts a freeze on all legal proceedings like this one, and the lender would have to get some injunction from a court to release this property from the bankruptcy proceedings.” |
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