Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Personal Finance
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 11 years ago on . Most recent reply

User Stats

25
Posts
2
Votes
Tyco Bronye
  • Minneapolis, MN
2
Votes |
25
Posts

Chapter 7 Bankruptcy

Tyco Bronye
  • Minneapolis, MN
Posted

A friend of mine claimed chapter 7 bankruptcy about 6 months ago. It was the result of a down payment loan he made on a rental property back in 2007. He makes money playing poker. He told the bankruptcy place that he works for his parents and shows that he makes I forget the number but around 20k a year.

I was telling him he should do wholesaling but he says he can't make more than 20k or so or that will effect his chapter 7 bankruptcy. I asked him when he can start making more than that and he says he doesn't know.

Does anybody know when you can start making more money after claiming chapter 7?

Loading replies...