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About Mark J. Markus- California Bankruptcy Attorney
Expertise
Mark J. Markus is a Los Angeles attorney who has practiced exclusively bankruptcy law in California since 1991 and is rated A+ by the Better Business Bureau. He represents debtors, creditors, and Trustees in Chapter 7, Chapter 11, and Chapter 13 of the bankruptcy code throughout California.

Experience
Visit http://www.bklaw.com for more information on bankruptcy in general and Mark J. Markus in particular. Many questions are answered on the web page (hint, hint).
The Markus webpage also contains more information on
business bankruptcy,
chapter 7 bankruptcy,
chapter 11 bankruptcy,
chapter 13 bankruptcy,
Frequently Asked Bankruptcy Questions

Also visit our new bankruptcy blog for interesting articles and much more.

Education/Credentials
J.D., University of Arizona 1990. B.A. Economics, California State University, Northridge 1986. For more details please click here

You are here: Experts > Business > Corporate Law > Bankruptcy Law > BK / Short Sale / Motion to compel abandonment

Motion to compel abandonment

Expert: Mark J. Markus- California Bankruptcy Attorney - 9/17/2009

Question
I have a client I am doing a short sale for who has already filed for BK. I saw in a previous question that a BK attorney can file a motion to compel adandonment. What is this motion and what does it do? With this motion filed, will a lender still let the homeowner proceed with the short sale? Please advise, thanks!

Answer
The mere filing of the motion to abandon does nothing. If the court approves the motion, then the Trustee's interest in the asset reverts to the debtor to do with as he/she/it pleases, including seeking a short sale on the property.

http://www.bklaw.com/

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