Rocklin CA Short Sale Specialist | Mark Peek | Use a Chapter 7 Bankruptcy As A Negotiation Tool – Rocklin Short Sale Specialist, Mark Peek, knows Chapter 7 Bankruptcy is one of the scariest words a bank can hear. A Chapter 7 Bankruptcy filing can delay their ability to foreclose by 6 months, and sometimes as long as a year.
The banks know that Chapter 7 will prevent them from pursuing you for any deficiency or loss. This can be especially powerful for difficult 2nd and 3rd liens.
The only recourse a bank gets in a Chapter 7 Bankruptcy is any collateral they have on a loan. So they can foreclose on your house and take a loss, or they can agree to a Rocklin Short Sale and mitigate their loss.
After a Chapter 7 bankruptcy discharge, the banks can’t garnish your wages or bank accounts. The threat of bankruptcy can be powerful in short sale negotiations, if properly used. Banks know how much it will hurt their ability to collect from you.
Thinking about a Rocklin Short Sale?
I can help you short sale your property and never pay the bank another penny. Send me an e-mail at mdpeek@gmail.com. I will contact you for a free consultation.
When we talk, I will explain how the Rocklin Short Sale Process works in detail and answer any questions you may have. Or, if you prefer, you can call me at (916) 580-6084.
Thanks for reading this,
Mark Peek
Mark Peek is the Short Sale Specialist at Keller Williams Realty in Roseville. Rocklin Short Sale Specialist
Phone: (916) 580-6084. mdpeek@gmail.com.
"Know Your Options"
Mark Peek specializes in short sales in Rocklin CA and surrounding areas including Roseville, Lincoln, Folsom, El Dorado Hills, Citrus Heights, Granite Bay, Fair Oaks, Orangevale, Carmichael, Sacramento, Antelope, Elk Grove, and more. Short Sale Rocklin, Rocklin Short Sale Specialist. Short Sale After Chapter 7 Bankruptcy. chapter 7 bankruptcy short sale specialist
This is not intended as legal, technical, or tax advice. Please speak with a licensed professional before making any decision. Information is deemed reliable but not guaranteed as of the date of writing. The views expressed here are Mark Peek's personal views and do not reflect the views of Keller Williams Realty on a Rocklin Short Sale Specialist.
This information is provided as a courtesy to our viewers to help them make informed decisions on Roseville Short Sale Specialist | Mark Peek | Chapter 7 Bankruptcy Negotiation Strategy
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