If the debtor did a deed in lieu, then it could bypass the sheriff sale and go directly to REO status - but that would require the debtor to actually do something, and it would also require that no junior liens be in place (lenders aren't stupid enough to do DIL when there are junior liens - they'd rather the junior liens get wiped out at sheriff sale instead of paying them off which they'd have to do if they took the deed).The bank's attorney identified how high somebody would have to bid in order to outbid the bank.

In a single-member entity, there are no non-debtor members to protect.

I would like to find a list of county tax lien debtors for several counties in Indiana.

I have no credit card debt or car payments.I was told by my mortgage broker, I should pull the equity out of my current property while I live there and get the owner occupied rate on the home equity loan.

This chapter of bankruptcy usually requires that the debtor qualifies.

Show timely rent payments, and qualify to buy again (all other debtors paid timely).

This burden arises because, even if debtors are able to refinance their existing obligations at low nominal interest rates, with prices falling they must still repay the principal in dollars of increasing (perhaps rapidly increasing) real value.

The home owner/debtor sells the mortgaged property for less than the outstanding balance of the loan, and turns over the proceeds of the sale to the lender, sometimes (but not always) in full satisfaction of the debt.

These are very real liabilities yet they aren’t included in the national debt or deficit numbers.

The US is a debtor nation, wouldn’t that be a problem if we went to the gold standard?