The Judicial sale is distinguishable from the "Tax Upset Sale" that occurs in the fall every year because at the judicial sale, properties are sold "free and clear" of mortgages and other encumbrances. The properties are sold in order that the County's municipal and school taxes can be paid.
If your property is on the sale list, you
may be interested in learning how the “Automatic Stay” under the Bankruptcy
Code will stop the Judicial Sale. In
addition to stopping the Judicial Sale, Chapter
13 of the Bankruptcy Code allows individual property owners the opportunity to
pay back their delinquent real estate taxes (as well as any mortgage arrears)
over a payment period lasting as long as five years. Other
remedies are available under the Bankruptcy Code for business organizations
(such as corporations, partnerships and Limited Liability Companies). If you do not have the funds to pay back
the real estate taxes before the Judicial Sale,
relief under the Bankruptcy Code may be your only remedy to prevent sale of
your property.
Below is the link to the York County Tax Assessment Office where you can find out how much is owed on the delinquent real estate taxes.
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