A bankruptcy filing does not end your options. In many cases, selling your Las Vegas home during bankruptcy is not only possible but can be an important part of resolving the proceeding. Mickey Griffin works with bankruptcy trustees and attorneys and closes fast with private funds.
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When you file for bankruptcy, your real property becomes part of the bankruptcy estate. This does not mean you cannot sell it - it means the sale must be handled within the framework of the bankruptcy proceeding. In many cases, selling the home is actually required or encouraged as part of the resolution.
A cash sale is often the best option in bankruptcy situations because it is fast, certain, and does not involve financing contingencies that could fall apart. A buyer who loses financing in the middle of a bankruptcy proceeding creates complications nobody needs.
Mickey works directly with bankruptcy trustees and your attorney to ensure the sale proceeds correctly within the legal framework. He provides proof of funds and the documentation required for court submission.
Mickey is a cash buyer, not a bankruptcy attorney. The specific requirements for selling property during bankruptcy depend on your chapter, your trustee, and the court. Always consult your bankruptcy attorney before taking any action regarding property in your estate.
Get my cash offerIn Chapter 7, a trustee is appointed to liquidate non-exempt assets to pay creditors. Real property with equity above the Nevada homestead exemption may be sold by the trustee. If you have equity in your Las Vegas home above the exemption amount, the trustee may require a sale. A fast cash offer gives the trustee a clean option to present to the court.
The Nevada homestead exemption and how it applies to your specific situation should be discussed with your bankruptcy attorney.
In Chapter 13, you keep your property and repay debts through a court-approved plan over 3 to 5 years. Selling the home during Chapter 13 requires court approval and trustee consent. A cash sale with a clean offer and no financing contingencies is often the most straightforward option for court approval. Mickey provides all documentation required for the motion to sell.
The specific requirements for selling property in Chapter 13 vary by case. Your bankruptcy attorney is the right person to advise you on the process.
Leave your number, the property address, and which chapter you are in. Mickey aims to call you back the same day. He asks about the trustee, your attorney, and the timeline the court is working with. No judgment, no pressure.
Mickey presents a fair cash offer typically within 24 hours along with proof of funds documentation. Your attorney submits the offer to the trustee and the court for approval. Mickey accommodates whatever timeline the approval process requires.
Once the court approves the sale, closing happens on the approved date. Mickey buys with private funds, so there is no financing delay after approval. Proceeds go to the estate to satisfy creditors according to the bankruptcy plan.
Mickey communicates directly with your trustee and attorney. He provides proof of funds, purchase agreement documentation, and whatever else the court requires. He does not try to shortcut the process - he works within it.
Our commitment is that the number submitted to the court for approval is what we work to deliver at closing. Mickey does not re-trade after the court approves the sale. At 1660 Capistrano Ave we did not walk the property the way we should have. When our crew opened the walls they found structural issues that ran the rehab nearly $80,000 over estimate. We closed on the date we promised and the seller received every dollar we agreed to. We took the loss. That is what privately funded means.
A bankruptcy proceeding cannot afford a buyer who loses financing after court approval. Mickey buys with private funds. When the court approves the sale and Mickey signs the purchase agreement, the funds exist to close it. No lender approval required.
We never list the property publicly. No MLS, no for-sale sign, no open houses required on our end, no strangers walking through. The transaction is private between you, Mickey, your attorney, the trustee, and the title company. Nothing goes public until the deed records after closing.
Talk to Mickey. Find out if a cash sale fits your bankruptcy situation.
Get my cash offerOr call Mickey directly at 725-400-9900. Not a talker? Text instead for the fastest response.
Talk to your bankruptcy attorney first. Then call Mickey. He will work within whatever framework your attorney sets up and provide the documentation they need to move the process forward.
Call Mickey at 725-400-9900If your situation allows for a traditional listing, our sister company handles full-service listings across Nevada and California. Learn more at realchicdigs.com
