how to prove that foreclosure has started before bankruptcy

hello,
I always hear that if the foreclosure process has started before bankruptcy, any shortfall will be covered by the bankrutcy. How do i prove that foreclosure has already started before bankruptcy, because i am not gonna wait untill the foreclosure process is done to file for bankruptcy.

Posted from: Ontario

One Response to “how to prove that foreclosure has started before bankruptcy”

A licensed trustee said...

We generally advise our clients to move before they file and to surrender the property when they move. To surrender the propoerty you need to hand the keys over to the mortgage company. When you do, ask for a receipt – that’s your proof.