My mom, dad and sister all own their own businesses and mistakes DEFINITELY happen so it does kind of paralyze me a little just seeing my mom finally file bankruptcy.

Borrowing up to the hilt is what led to the Global Financial Crisis less than 10 years ago, and is still the cause for some countries being in imminent danger of Bankruptcy!

But Alan doesn't seem to be on the verge of bankruptcy. 

Ten Nationwide lenders filed bankruptcy.

You sound like a bunch of hypocrites and maybe you need to get together to release and vent on how bad everyone who has been late on their credit cards is or has filed bankruptcy is, etc... get the point?

LLC filed bankruptcy.

Bankruptcy?

The BRE and the Department of Business Oversight conducted an investigation and the BRE advised that the complaints have been forwarded to the BRE's legal section for prosecution.Also, based on a 9-10-15 email forwarded to me by an investor to whom Tony also owes money, apparently Tony has hired a lawyer to file a Chapter 11 Bankruptcy.

I'm interested in purchasing my first multifamilyI recently filed chapter 7 bankruptcy I understand it may be more complicated getting a loan.I am in Chicago I have cash saved up.I'm just wondering where would I start or what step should I make first to begin my Journey investing in property.Thanks you 

Bankruptcy however will preclude a foreclosure from progressing until the case is dismissed or the lender/servicer obtains a relief from the automatic stay.So in your example the borrower filed BK, then the case was likely dismissed or the lender was granted relief and subsequently filed their LP.