Not sure if a bankruptcy would change the parameters or not but that may be a better option for the seller.

They had a bankruptcy a long time ago due to the real estate market.

Husband went/going through Bankruptcy and house in wifes name is being foreclosed on. 

He says he lost it in a bankruptcy, back in the 90s......then who's been paying property taxes???

Every case would be unique but some new entity would probably acquire the assets of the company including lease contracts during bankruptcy proceedings/dissolution of the company, and the new entity might continue servicing it but who knows.

What if one partner declares bankruptcy?

Often enough, a borrower will file bankruptcy up to the day of a foreclosure sale we perform for lenders, and so we assist clients in representing them in federal bankruptcy court to lift the automatic stay - allowing us to continue with the foreclosure.For evictions, REIs will typically do it themselves or hire a service because it is cheaper. 

There's a "rare" case of the property owner declaring bankruptcy before the day of the sale... you can lose your entire bid amount that way... that's atleast what a lawyer stated in a consultation.3) you call the IRS lien department they can fax you a paper document stating if there is a lien or not its best to have this - unsure about the 120 days start date but we can safely assume it starts once the sale occurs or the date its switched legally in the clerk systems.4) State specific - FL the mortgage is wiped out and all liens (excluding municipality liens)5) No they're giving you a "tax-deed" - see my recently purchased tax-deed below (it may look a bit different after the county officially enters it in their systems which happens around 10 days afterward in FL).6) it depends on how your state does their tax-deeds if it has an online system you can literally see the mailings that have occurred and you'll know if the proper procedures were taken.

I don't care if they have a bankruptcy, foreclosure, repossession as long as it ties back to an "excusable" event.

She then lost that appeal and filed Chapter 7 Bankruptcy to prolong the process.