It is very common for bankruptcy filers to ask their attorney about the advantages or disadvantages of proceeding with a short sale of their real property, either before or after filing for bankruptcy. This didn't use to be a common question due to the fact that these sales weren't common when the real estate market was strong. A "short sale" means you are asking the lender to approve of the sale of the real property for less than the full amount of the loan. For example, in today'...
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