Owner may have filed bankruptcy...don't know when.8.

If so, then someone who is in the shortsale process is about to have their score go down, versus someone who just completed a shortsale and therefore has already taken the hit to their credit.I don't automatically reject someone who had a semi-recent issue related to credit (foreclosure, shortsale, bankruptcy, etc.), as long as their credit score still meets my minimum and they don't appear to have other upcoming credit issues (like lots of current but recent collections that are likely to make their credit get worse as they continue to ignore those issues).

She says they are moving now because her parents are filing bankruptcy and hey want to include the house.

It would have been much worse in the short term, but we could have used the crisis for some good by showing banks to take care of their own risk-managemnent, and cleaning out the bad assets through bankruptcy and starting over.

I just purchased a 1st position NPL on a home in Oklahoma and found out from FCI's bankruptcy specialist that the borrower had a Chapter 7 bankruptcy in 2009 which was discharged in 2012 but not yet closed.

., further delay via Federal bankruptcy is available to him4.  

But the lawsuit list, demolished houses list and bankruptcy list and just 3 of them that I will list here.

Then you can do deals on your own and attract private money.Here is my story in 3-parts (long but worth reading):Part 1https://www.biggerpockets.com/forums/55/topics/690349-from-bankruptcy-to-1-000-units-part-1-thru-the-dark-tunnelPart 2https://www.biggerpockets.com/forums/55/topics/692382-from-bankruptcy-to-1-000-units-part-2-rising-from-the-ruinsPart 3https://www.biggerpockets.com/forums/48/topics/695243-from-bankruptcy-to-1-000-units-part-3-how-to-build-an-empire

Long story short, I got behind on the schedule, which really hurt me since I was making "large" interest only payments.I was forced to file for a bankruptcy to protect my assets as the hard money lenders came after me.

I would be very interested in learning how you do that  Do you have to be in the banking business  What kind of risk is that supposed to holding the home itself Bankruptcy foreclosure ?