Minnesota  |  Bankruptcy

Legal Question

Asked on: 4/12/13, 2:40 pm

I signed a purchase agreement with a bank for some forclosed property. The debtor of the property filed chapter 11 and petitioned the court for permission to borrow money from 3 lenders to redeem the property and was granted.

I later found out one of the court approved lenders backed out at the last minnute and the debtor got the money from an unapproved source.

what is my standing?

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