When submitting bids on properties that are in (or have been in) bankruptcy, the servicer must provide the following information when submitting a bid via HomeTracker:
- Date bankruptcy was filed.
- Date bankruptcy ended, if applicable.
- Each date the property was reported vacant during bankruptcy.
- Each date the debtor's counsel was contacted to request approval to preserve and protect the property and if that request was approved or denied.
For additional information please see: Property Preservation Matrix and Reference Guide, Section 11, Loans in Bankruptcy and/or Loss Mitigation.