How can bankrupted-forecloser property transfer?

[HomeQuestion]

What is the name of your state? California

If a property is in foreclosure, and the owner filed bankruptcy. Can the own transfer the property? If so, what is it different from selling the property?

Thanks!

 

[seniorjudge]

You should ask your bankruptcy attorney these questions.

 

[rainmand]

Real property can't be transferred while a debtor is in bankruptcy unless the Trustee authorizes the transfer.

 

[HomeGuru]

What is the name of your state? California

If a property is in foreclosure, and the owner filed bankruptcy. Can the own transfer the property? If so, what is it different from selling the property?

Thanks!

**A: if there is a bonafide sale, a legal transfer can be completed subject to the consent of both the foreclosing lender and the BK Trustee.