Hi Carol,

Maybe we are not interpreting the facts the same way.  As I understand it, Joe Blow was the successful bidder at the sheriff's sale.  Before the sale was confirmed, he assigned his bid to the LLC.  I assume, then, that the sale was confirmed and a sheriff's deed was recorded conveying the property to the LLC.

In Ohio (not sure about New York) a successful bidder at a sheriff's sale does not have a vested interest in the property prior to confirmation.  It is the confirmation of sale that transfers title.  Thus, the way I read the facts Joe Blow never had an interest in the property. 

Best,
Robert.
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