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What is a US Bankruptcy Lien?

Posted by Scott PA on August 06, 2003 at 10:55 AM

I found a property with the following?

ARV:$155,000
1st:$88,000
2nd:$22,000
3rd:$20,000 (US Bankruptcy Lien)

What is this US Bankruptcy Lien? Can I do a short sale with it? or discount it in any way?


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