What is bankruptcy.

Every dollar spent by the investor is a dollar earned by the contractor, and a potential dollar of profit lost. 5) The average investor will GLADLY and HAPPILY work you into bankruptcy and lose zero minutes of sleep over it if that means they see another thousand dollars of profit.

Never trust a seller to account for your credit history, being individuals, they can be crooks, but they also die, become incapacitated, got to a hospital, get divorced, take bankruptcy and get sued with all of these matters effecting how they may care for your accounts. :)

In the event this case is converted to a case under another Chapter of the Bankruptcy Code, the rights of the Respondent with regard to its lien shall be governed by the provisions of the Bankruptcy Code applicable in the converted case such that the lien of the Respondent shall not be affected by this Order.So the case was converted to another provision of the code, the Chapter 7, and this shall be governed by it, and "that the lien will not be affected by this order."

You would need to see all motions, court rulings, have a knowledge of property's value, secured and unsecured liens, other properties owned by the debtor, entity in bankruptcy, marital status, division of marital assets, condition of property, indication of debtors intentions in bankruptcy, quality of the prommisory note and mortgage or deed of trust, strength of supporting documentation, timliness of notices in relation to note, whether property was owner occupied at time note was originated, priority of other creditor liens, ruling tendencies of presiding judge, foreclosure laws of the state property securing note is located in, respones file by note holder, whether and amount of bankruptcy protection payments made, whether debtor has or will attempt a 'cram down' and whether it will be a principal reduction cramdown, an interest rate cramdown, a term cramdown, or a combination, whether debtor plans to challenge the legitimacy of the lien, expected legal fees for creditor, etc.Once you are familiar with this information you can begin to evaluate a value for the note.

The estate may also look to bankruptcy, another option if it is bankrupt.

@Dan ShelhamerAnd "I filled the Bankruptcy due to Divorce""I have a bad credit because my spouse maxed out my credit cards"

Foreclosure, bankruptcy and other credit will affect the borrower's ability to qualify for other credit, which would probably need to be better than that to which they have in order to incentivise a refinance.  

Medical bills, you will have to pay, negotiate a buy out with them, or declare bankruptcy. 

Divorce, foreclosure, bankruptcy, estates, bad tenants.