hi,I'm hoping someone here can provide some insights...I'm reluctant to divulge this information to just any "advisor" whom I don't know well (for reasons which will become readily apparent), so I thought posting it anonymously on the internet might be a good way to start.I'm 40 years old, no debt or dependents, I have good credit, a temp job that pays $18/hour, and I inherited a little over $500,000 two years ago.

Depending on whether or not the debt is all mortgage debt, or other debt..Transfer whatever debt you can to an entity, then guarantee the debt yourself if necessary.

If you have extra money lying around, is it best to put that money towards your mortgage or invest it in putting 20% down on an investment property - single family home or duplex?

Use the tax free money to supplement and reduce initial debt, or take out a new private note.   

If the debtor sold the house to you, he or she might not get a benefit from doing so since any proceeds will be used by the trustee to pay the other debtors.

*Translation: the T10 is the 10yr Treasury rate which is the reference benchmark for pretty much everything real estate related whether debt or equity.

Account ClosedSince, in Texas, there is no availability of the lien to the public for purchase, it may seem that you are asking for information that would violate the privacy of a debtor in  transaction in which you have no discernable interest. 

She would need to show at least 12 months of payment history to exclude the mortgage debt. Or

the debtor is a slave to the lender", "bring your tithe into the storehouse", "owe no man anything but love",...etc.

The value in the AJ (abstract of judgment) play is in controlling, perfecting and surviving the inevitable counterclaims that debtors and courts will throw at you.