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Old 01-11-2013, 07:57 PM
TKing TKing is offline
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Join Date: Nov 2003
Location: Louisville, KY
Cobra Make, Engine: X Everett Morrison, X SPF 140, X SPF1823, currently SPF2778
Posts: 144
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Thank you everyone for your suggestions. Your comments helped me talked to the bankruptcy attorney. I made more progress today toward the purchase of the car than the previous 2 months. I had a meeting the bankruptcy attorney and I aggreed to pay $5000 now (vs the entire sale amount). The balance when and if the court approves the final sale. The sales contract says my deposit will be refunded if the sale is not approved by the court. I will buy the car for my bid amount minus Kentucky's sales tax. The attorney does not have final authority to sell the car at the lower price (minus sales tax), but will suggest the court approve the sale. Prior to meeting the attorney I caught the car's owner at home and took detailed pictures of the car's current condition and will inspect the car again prior to final sale. Things can still go wrong, but I have a better position to protect the car and my money.

Tom
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