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Updated about 3 years ago, 10/27/2021

User Stats

12
Posts
1
Votes
Blake Morton
  • Investor
  • Waco, TX
1
Votes |
12
Posts

Approaching Someone Who Has Filed Bankruptcy

Blake Morton
  • Investor
  • Waco, TX
Posted

I have found a property through Bigger Pockets that is owned by someone who has filed for bankruptcy (at the end of August). I have found through other forum posts that the best means of contacting the owner would be to skip trace and find their phone number. I have already found the owners on Facebook and plan on finding the phone number soon to contact them. My question is, what do I need to know when attempting to buy from someone who has filed chapter 7 already? I read on other forum posts when trying to buy a property with a tax lien that you should check to make sure they haven't filed for bankruptcy. I have also read that you should check the title to make sure there are not extra liens on it. I'm very new to investing and am curious, how do you search titles to ensure the lien status? Thanks for any and all input!

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