If you've got other debt or title issues, foreclosure is usually needed. 

Without diving in to the details of my personal financial history, the money from each flip was used to pay off/down some debt or large unforeseen expense.  

Roger Lin are you on the debt or equity side?

The easy way out is to calculate the maximum due, declare the breach, initiate the foreclosure then mitigate and settle for a smaller number.In essence, you "give away" something that you are not really anticipating receiving in exchange for a forbearance and loan modifixation during fire closure that includes clause(s) reassertion of the debt and Ted new terms.This type mitigation gas both the affect as shivering your willingness to work with the debtor in good faith and further salidifies the debt should the bpdebtor escalate the mitigation into litigation, file BK or breach the forbearance, Even if you do not take further aggressive action to force sale, you would do well to send periodic statements to debtor in order to reminds them the debto is still due. 

For example, let's say a debtor has a 50 percent interest in a LLC.

I don't LOVE debt, or fully leveraged assets. 

For example, I think we are late cycle, so I lean toward the safest part of capital stack which is debt (or debt free equity).

The recorder of mortgages shall index the affidavit only under the name of the tax debtor and current owner.F.

For example, I think we are late cycle, so I lean toward the safest part of capital stack which is debt (or debt free equity).

(Contact original debtors, not collectors.)5.