Unrelated to construction, I am also actively a private IT consultant to PriceWaterhouseCoopers, specializing in big data, cloud technologies, legal compliance, and audit controls (Assurance division), and am an experienced paralegal in the areas of corporate and bankruptcy law. 

Hi- I am interested in buying a house at a foreclosure auction.  The process was stopped by a foreclosure filing.  The person filing BK did not submit their documents within 14 days and the 341 meeting was supposed to...

My mom and stepdad took the Dave Ramsey course after filing for bankruptcy, and their situation has really improved.

Long story short i filed for chapter 7 bankruptcy. 

Yes, I have experience from SFH to Commercial, including Short Sales, Foreclosures, Bankruptcy, Entity Structure, flips, Land Trusts, Subject-To, Lease-Option, etc.

The reason I'm investing in Indianapolis right now is because we have over 1,000 new foreclosures per month and 1,000 new bankruptcies as well.

What generally happens when buying a note in bankruptcy?

Once they see that you are initially just trying to inform them of their situation, then you can lead into their options....list the home on the market and hope it sells before the auction date, bankruptcy, or give you authorization to speak to their lender and write an offer that is less than what is fully owed.If they don't want to hear what you have to say..wait until the auction date is assigned and then send them a letter/postcard that has the date stamped in red on it...you may be the first to inform them.

Sometimes the lender will delay the sale by another 30 days if there is a contract pending, or longer, if the Seller has filed bankruptcy.

Big concerns are bankruptcies/repossessions/evictions and crimes against people/property.