I think he filed for bankruptcy several years ago.

Bankruptcy always hoses things up.

Hi, my dad filed a chapter 7 bankruptcy in 2006.

A receiver being involved means they've declared bankruptcy. 

What happens if a person with a judgement against them files for bankruptcy?

These last ditch transfer efforts will only by then days or weeks, but obviously Bankruptcy's will provide them time to use the procedure to work themselves out of the situation, or months of additional time until the next auction is scheduled on the property.

THEN, the credit background check came back--Evictions, bankruptcies, lawsuits --she swore it was her Sister who" STOLE her identity". she was a professional scammer, --they know the game and play it very well--

The Federal student debt for loans is not currently dischargeable in a bankruptcy.

Some people get job transfers, some people have lost their homes do to various situations i.e. divorce, fires, bankruptcy, etc. 

If the investment has professional administration, you will have access to the answers to those questions, but also much deeper vetting of the sponsor that will include personal background checks covering things like bankruptcy, judgements, litigation, criminal history, and other red flags related to a sponsor that you would want to avoid, plus other items that investors rarely consider like ensuring that the properties are actually titled correctly, property taxes are paid, and insurance is current.