Note buying with (very) bad credit

[Gary Dezoysa]

Hi guys,

I had a business that went under with heavy debts, some of them personal. I was unable to go the bankruptcy route and now have judgments against me from creditors. 

If/when I rebuild financially I was wondering if this precludes me from note buying. Any assets that appear in the public record are lien targets. So hard real estate is probably out (Maybe using trusts for real estate would be a workaround?)

As for note buying. Will I be listed anywhere as an "owner" of a note? And if so, anyone know if judgments are attachable to real estate notes? 

Thanks

[David Wandel]

Instead of trying to hide assets from your creditors why don't you work with them to get them paid off? if you have the funds to invest in some notes you certainly have some funds to begin paying them off.