The buyers (after 2 -3 years), are in bankruptcy (chapt 13), but have not listed my client, the sub-ordinate lien holder as a claimant in the case.

As the county see this as profiteering from their point of view all the claimant needs to do is fill out a form and they have a hard time thinking someone who does it for them should make 50% or 30%...

Otherwise you risk a plaintiff/claimant "piercing the corporate veil" and challenging the validity (and thus protection) your entity provides.Sorry for the rambling answer, but I warned you at the beginning!

If done legally and at arms length is probably the best strategy since if there is limited equity to seize, then it is quite possible the claimant with find it hard to get an attorney to take the case.

Recording a deed is constructive notice but title companies, being in the risk business, want to eliminate all foreseeable threats from other potential heirs, claimants and creditors.As a wholesaler, you ought to know more about title and what is required since the key to wholesaling is both identifying opportunities to solve problems and adding value by actually solving them.

All this information can now be made public for use by claimants.  

Looking for mentor to share proceeds with, or at a minimum guidance/direction on locating all documentation required for claimants (would the individual counties be the ones to let me know what they need, or is the documentation universal?)

And per the California Revenue and Tax code, others can claim on one's behalf as long as the claimants have been informed of the source of funds, correct accounting distributions, and that they have every right to redeem the overages on their own at no cost from the given jurisdiction.

In the event that there are insured damages on the property prior to my purchase I receive the following from the seller.Assignment of Beneficial Interest of Insurance ProceedsAssignment of Beneficial Interest of Insurance Proceeds to YOUR COMPANY OR YOU, YOUR ADDRESSI, SELLER, as beneficiary and claimant to the insurance policy # POLICY NUMBER with INSURANCE COMPANY: do hereby authorize and direct INSURANCE COMPANY to pay to YOUR COMPANY OR YOU, YOUR ADDRESS the total sum of All Proceeds of the aforementioned policy(ies).I understand, the proceeds I have authorized to be paid to the above party will be in lieu of payment to me, as specified in the above policy or policies.

(plaintiffs) vs. assets and capital llc (defendant/cross-claimant) with the property owner as the other defendant.