Bankruptcy at its most simple is a way for persons (natural persons like you and me but also business entities) to either discharge (basically have forgiven) or reorganize certain debts.

A trustee would evaluate and marshal the assets, identify claims, and make sober-minded business decisions about whether the debtors can reorganize.

This is particularly true if you are required to be a member of NAR (and other RE organizations such as NARPM) and subject to their Code of Ethics.

Some others that I've used/am considering/had recommended to me:On-site, coin-operated laundry machines (most relevant for multi-family properties)Renting out storage space in basement or on-site shedRenting out unused off-street parking (where I live, winter RV parking is at a premium)Converting non-conforming to conforming rooms (including basements) to allow for re-organization and classification as bedroomsAdding accessory dwelling unit(s) to your property (may not even require separating lots)Separating utility metering (or installing individual unit readers) on multi-unit properties that are currently metered togetherDepending on your market, furnishing a portion of your units and renting them out fully furnished to shorter-term renters*Some (most) of these will depend on how individual properties are zoned, what zoning requirements are in your locale, and what there is demand for in your market.

Originally posted by @Alex Capozzolo:@Jeremy Bourgeois - Hire a cold caller on Upwork ($5-$10/hr + commissions for deals closed)I'd be VERY careful here.. offering anyone compensation for a real estate deal, especially calling it commission, can get you into hot water with your local RE organization.

She might need to file a Chapt 13 reorganization.

I currently own a 3 unit multifamily home and undergoing a complete reorganization; new leases, new tennant application process and paperwork, and rehabbing.

I googled them both and they come up, not as developers, but as consultants in business reorganization.  

The California Department of Real Estate (DRE) will become the Bureau of Real Estate under the Department of Consumer Affairs effective July 1, 2013Last year, the Governor introduced a wide-ranging government reorganization plan in order to improve efficiencies within state government.

Within 2 months the tenant declared bankruptcy, their reorganization plan was accepted by the court which also voided our lease.