Earlier investors got so over-leveraged they went from millionaires on paper to bankruptcy!

"p137 , steve dexter's book about real estate debt.personally for me , every thing i have seen is get started. the sooner you start the better.1. learn every day , read everything you can.2. don't buy those real estate seminars, any public library has all the information you could ever need.3. join your local reia group , (I have yet to do this step)4. clean your credit up.5. don't buy over your head. you should put at least 20% down and if its vacant for 6 months , you can handle the expense.6. enjoy the ride, more millionaires and conversely more bankruptcies are created through real estate. be smart.

Of course thats going to take a whole lot of work in fixing my horriable credit, I had a few bad situations over the years and it's taken it's toll on my credit report....got my hours and pay cut as a result of 9/11, eviction, fell behind on student loans which then went into default, bankruptcy, became a daddy, got hit with child support...etc etcon a positive note my girlfriend is about to complete nursing school in about 2 weeks and her credit isnt great but nowhere near the disaster that mine is. things should be looking up soon as there is a major shortage of nurses and they'll be fighting over offering her a well paying new job. meanwhile i'm going to kep plugging away at repairing my credit and learn as much as I can about real estste investing and hopefully one day we can be as successfull as some of you.

This month, Thompson paid more for that -- and for other problems at Wachovia -- with his job.Countrywide also faces many lawsuits over its falling stock price, and litigation accusing it of abusing the bankruptcy or foreclosure processes.

What happens in the office building when the majority tenant is sent into bankruptcy because of a bad management decision and they vacate your property?

Most will file bankruptcy or take a 11.99% rate with a 2 year prepay.

Have they ever declared bankruptcy?

Hello, I need helping to understand how to file eviction at bankruptcy court after lifting motion from stay.

There are all kinds of deals that come about due to divorce, bankruptcy, death and estate settlements.

I will tell you what items are holding back my credit.I have a Chapter 13 bankruptcy from 2005.