Used when buying streams of debt or Notes at discount.One of my favorite present value of money equations and one that got me out of a lot of my OREO was Zero interest financing... 0 interest for 30 months has the same PV as 7 years at 15%...On the topic of how you introduce yourself.. for me..

At some point the debtor will need their credit and reach out for payment arrangements options.

Joint and several liabilityIf you are two or more persons, your obligations as debtors are both joint and several.14.

Can anyone foreclose on a property or does it have to be the 1st debtor?

Of course a debtors ability to file chapter 13 bankruptcy is limited and dependent upon the debtors financial situation. 

It basically said that the homeowner defaulted on a loan and the debtor had rights to his collateral (which is preferred units in the LLC and "all cash, securities, payments, distributions and other property at any time and from time to time receivable or otherwise distributed.") 

A few ways that I use include:(1) If the document gives the debtors' names, search them in the appropriate county at arcountydata.com and/or in that particular counties online records, if they are available;(2) keep digging for other documents, like you did, to find one that includes the more common address; or(3) find a county map with range and township grids and find it using the legal description.It is SO much easier if the property is in a subdivision, and they give the lot, block, and subdivision information.

I have no car debt, student loan debt, or credit card debt.

I've been recommended to several places by other investors that aren't exchanges, but hedge funds who are the originators of the debt, or pool the debt together, and then sell it out.

When analyzing a deal do you look at cash flow per unit after debt or cash on cash return?