Legal Question in Real Estate Law in Maryland
Suggestion of Bankruptcy
I am following a foreclosure case via the MD judiciary case search website.
Case # 13C07069957
I am curious as to what it means when the plaintiff files a ''Suggestion of Bankruptcy''. Prior to this the case was active but now it is listed as being inactive. Similar foreclosure cases usually progress to ''bond approved and filed'' and then to auction.
Asked on 9/05/07, 11:47 am
1 Answer from Attorneys
Daniel Press
Chung & Press, P.C.
Re: Suggestion of Bankruptcy
A suggestion of bankruptcy is filed when the defendant/borrower files bankruptcy. This stops the foreclosure.
Answered on 9/05/07, 2:50 pm