A charging order means that the general partner is directed to pay over to the judgment creditor any distributions from the partnership which would otherwise go the debtor partner, until the judgment is paid in full.

If a lawsuit is brought against an individual series and that series assets are commingled with the assets of other series in a single bank account, then I--as a litigator--am going to ask for the bank statements for that account in order to determine whether the owner is keeping accurate account of each series' assets; on the other hand, if individual bank accounts are used, I am not entitled to discover the existence, much less the amount on deposit, of any series' accounts or assets not otherwise liable for the debt or claim upon which I have sued.

The age of the mortgagor/debtor is really not the issue it's the intent demonstrated and the time or seasoning of any payment history.

The US is now the largest debtor nation in the entire history of the world.

So an investor can pick and choose pretty easily between debt or equity, core versus core plus versus value-added versus opportunistic, commercial or residential, retail, office, self storage, hotels, etc.

You should know if you qualified them properly in the beginning.Having said that the courts can award the judgement but it is the landlords responsibility to enforce it.You can file a FIFA to put on each tenants credit.If they have credit worth anything but with a judgement and that long of non-payment I am guessing not.You can hire a collection company to harass them but that is usually a bunch of bark and no bite.You can hire an attorney but that gets expensive and all they will do is what I am going to say next.You can either use a judgement recovery service directly OR you can file an action yourself for bank levy or wage garnishment from their jobs.The wage garnishment can only take a certain percentage each week of their income and if they are below poverty guidelines for the federal government you cannot garnish at all.If most of the income is social security,pension,then you can't garnish protected funds.Ultimately the debtor can file bankruptcy and wipe out your judgement.When you file the action to garnish wages they might settle with a mediator in court with you.You can always sell the debt to a judgement company for 20 cents on the dollar and get the cash and move on.The judgement company will research first to see if the debtors are judgement proof or are likely to recover anything.If they are judgement proof they will not buy upfront.You can have the judgement company do all the work and you split profits with them 50/50.The down side is the payouts are small over time and take a long time to get payment and it's not closed.I would much rather move on and get the money now.Laws vary by state.PENNSYLVANIA Judgment Enforcement, Pennsylvania Interest Rates: Judgment: 6%.

Whether it's "good debt" or not, if your stomach churns and you won't be able to sleep well at night with that kind of debt, then don't do it.  

Should I sell my rental property to pay off CC debt or get an equity loan and have the tenants pay the loan?

You'd be better off investing in a course specific to that strategy and start with the FREE stuff first.Last but not least, you should have to save up, borrow, go in debt or drain your resources for your education.

All issues concerning risk and debt can be mitigated by making smart investments, for some that might be limited partnerships for others it might be large non recourse deals and others it might be single families in a market they know well but in all cases if one can get 7%+ returns and can borrow at 5.5% it makes no sense to pay down debt or hold free leverageable assets.