If the former owner objects to the sale, they can delay their removal for a very long time.One case here the former owner filed repeated bankruptcies and delayed their move by NINE YEARS!

If you get a loan in the Dominican bank I do not believe it will show on your credit report (please see Fair Credit Reporting Act (FCRA) ) they will pull your credit report but it will not count against you but they will look for bankruptcy, defaults, and or bad collection to determine if you qualify for a loan to my opinion. 

I also wanted to move fairly quick on the closing and the owner of other property was going through a bankruptcy so I thought the one I was buying would not take as long.... well 105 days to close was a lot longer than the 45-60 days my agent thought it would take...The offer and counter - The house was originally listed on the MLS for 84,900.

you can file legal recourse, but my guess is that Trace (Wendell's real name when he was busy scamming people in 2010) will just file Bankruptcy and take on another new persona.  

I am a 55 year old bankruptcy and wills/trusts lawyer that lives in Manhattan, and I bought my apartment at the bottom of the market.  

They mess around and draw the wrong card.. or shall we say the right card and the only case they're going to be busy filing is bankruptcy real quick.

I have friends in Canada also who are not entirely content with their system but in their own words "at least we're not in the US to worry about coverage at any time and to be on the brink of personal bankruptcy (caused by medical bills) should we decide to change a job to one without benefits or God forbid lose our job".

If lower earners also have active collections, recent bankruptcy, high balances with slow pays, you need to weigh that against the high earner/great credit report.

One real estate investment club that I'm familiar with has had every leader since its inception either declare bankruptcy, had foreclosures or both; sort of the curse being a baby guru?

They want to sign a 2 year lease but have a bankruptcy on their past records (which she was very forthcoming about), how do you all feel about bankruptcies?