Since it was a live in (primary residence) "flip" your office mate would get to take the first $250k of profit (again nothing to do with debt or equity) tax free. 

As far as I know, when the debtor has money owed to her from the state, sometimes that money might be redirected to those who have won small claims cases against her.Personally, I would view the small claims victory more as a punishment against the debtor because it will show up on their background checks and whatnot. 

Hello All,I have been plugging away at a large sum of student debt over 100k after attending Physical Therapy School for my Doctorate. I am working full time and paying over 2k a month to my student loans and have ref...

Hello All,
I have been plugging away at a large sum of student debt over 100k after attending Physical Therapy School for my Doctorate. I am working full time and paying over 2k a month to my student loans and have r...

Though, in general terms, they will most likely take one of two forms, either debt or equity. 

Debt or equity can be raised.

Although he has now paid the property taxes, the note has a.ready been accelerated and payment in full is due.In Texas, you could continue the foreclosure as the only way to stop the foreclosure from happening would be for the debtor to pay off the note in full.

One lady owed $100,000 to debtors, was garnished 10%, then switched to part time.

There are a bunch of reasons people go out and do cash out refinances whether it is paying off debt or buying an older luxury motor home that is priced so well, you would be a fool to pass it up. 

For example, I think we are late cycle, so I lean toward the safest part of capital stack which is debt (or debt free equity).