Shorty in Dallas

I need some advice on a deal I found in Dallas, the house is a FSBO AS IS

I've talked to the seller and she seems very motivated although a bit cautious. So My question: She owes
128k bank prorated 30 day P/O . She says she is 2months past due on her mortgage. She leased out the house to someone who was to do remodeling and up and left after 6 mons with nothing done, except the carpet ripped out.
She and husband have filed Bankruptcy. My thought was to ask ask the bank for a short sale, would it be too early for that since it isnt listed with a broker? How does her filing BK affect me making a deal that my end buyer would want?
I know that's how Joe Jurke had his first deal done with a bank REO. The sold comps (found a great realtor) average 155,559.00 with price per sqft at 73.17. If I short the sale and offer comps less .65% less another 20k for repairs I would start my offer at about 80k Any thoughts about the banks motivation? Also repairs so far are: Paint full inside, carpet,floors, cabinets in bath and kitchen, windows throughout. She currently has electricity off!
Thanks DG family in advance!

Work'n it Hard