Due to all of this, Dave had no other choice but to file bankruptcy. 

We just got out of a Chapter 13 bankruptcy in December. 

Hi, Applicant has good income and job, but ha filed a Bankruptcy in 2015.

We invest in notes but prefer first over seconds because seconds typically carry much higher risk - for example a jr lien could be 100% wiped out in a bankruptcy whereas not happening with a firstPros and cons to all - if you at buying at auction with liens still attached most lenders will want the full payoff or foreclose

I am curious about any process other than bankruptcy 

BUT, it all can still lead to major cost and time problems if the borrower files for bankruptcy protection.

The bankruptcy court has a waiver to sign when you do not have the funds to proceed with the bankruptcy filings and other documents.

Hello,     Does anyone have experience buying a property that has had bankruptcy filed on it?

If the seller files bankruptcy in the future you have to prove to the court that you bought the house fairly.

Long story short they were about to lose their home and I made a deal with them to buy it but it needed to be taken out of bankruptcy and gone thru probate.