They have to read and review docs before a call or meeting so there is typically a time charge for that.A junior attorney might be 220 to 260 an hour.

Hi everyone I'm Troy a college junior who is looking to learn a lot about flipping houses and properties in general.I was just wondering what are a few ways and techniques I could use to get started soon with little to no capital?

If a senior lien is foreclosing on property then any junior liens will be eliminated but would receive proceeds from a foreclosure sale to the extent they exceed what is owed on the senior.  

The lien is a junior lien and does carry rights to foreclose.  

What really matters is you pick a path, as there are so many ways to go, performing, not performing, Senior, junior, residential, commercial, seller finance, contract for deed/Land contract. 

Here are some details from the my due diligence.First Mortgage is recorded in April 2006 by Bank XAssignment of Mortgage (or DoT) Assignor Name:  Bank X and Assignee name: Bank YLis Pendens (Notice of Pendency or Notice of Default): Recorded date July 2014Under active Judgement and liens:Plantiff: Bank Y and recorded date is July /2014Plantiff: I see threecondo association liens with recorded dates as May  2011, Nov 2013 and June 2015Dept of Treasury - IRS recorded date: July 2010Dept of Treasury - IRS recorded date: Dec 2015Under judgement and liens the foreclosing Bank Y has a recorded date of 07/2014, Does this mean Bank Y is a junior liens compared to the other liens ?

Senior and Junior would want their related percent of ownership which would give them the ability to recover the loan.  

in Wisconsin, unless its a junior lien foreclosing most things get wiped out other than taxes and municipal charges.  

I bought my 1st 2 deals as a college junior at 21 but it was all owner financed.  

However, only junior liens are divested (wiped out).