You really need to sit down with a bankruptcy attorney for a consultation. You have so many questions and so many different avenues to pursue that it simply can't be answered on this site.
The information provided in this answer does not create an attorney-client relationship. If you are interested in his legal services, feel free to call Chris at (303) 409-7635 at his law office in the Denver Tech Center. All initial consultations are free of charge.
Your situation is actually quite complex and you really need personalized legal advice. How is the property titled? Who is obligated in the mortgage loan? Is there equity in te property? Is it your home? Does your business own any assets? Do you own any assets? Do you have by income? How many are in your household? How so you know if the schedules foreclosure sale if you really did not receive any notice?
And those are the questions I have after only 20 seconds of thought.
Do yourself a HUGE favor and sit down with. Bankruptcy attorney to evaluate your situation and see what options may be available. And do it immediately, since once the foreclosure sale takes place you no longer have any ability to try to save the property.
I will be the third attorney to tell you your case cannot be solved on a message board!! Sit down with an experienced bankruptcy attorney pronto.
In no way am I offering you legal advice, and in no way has my comment created an attorney-client relationship. You are not to rely upon my note above in any way, but insted need to sit down with counsel and share all relevant facts before receiving fully-informed legal advice. If you want to be completely sure of your rights, you must sit down with an experienced criminal defense attorney to be fully aware of your rights.
My experience is that short form or emergency filings can add additional cost, headache, and room for error. When dealing with any bankruptcy, particularly complex business matters, you do not want to unnecessarily add more of this to the mix. It sounds like time is of the essense, so you should meet with an experienced business bankruptcy attorney in Colorado sooner rather than later.
I AM NOT YOUR LAWYER. Please read the following: DISCLAIMER: The foregoing information is general in nature and may not apply to your specific situation. It is important to consult with an attorney who can review documents and understand the specifics of your case. Nothing contained herein shall establish or be construed to establish an attorney-client relationship. THIS IS AN ADVERTISEMENT. We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.