Anything that happens to the seller--liens, bankruptcy, etc., all affect and can attach to the property.

I have an out-of-state PM and 2 on-going evictions, 1 for non-payment and 1 for non-payment and bankruptcy.

What if a seller includes it in a bankruptcy?

There used to be a saying "As California goes, so goes the nation", with the liberal policies of California, cities/counties filing bankruptcy, prisons releasing thousands of prisoners, hundreds of millions in unfunded public employee union obligations, taxes and fees on every conceivable thing going up.....

Detroit seems risky, on the edge of bankruptcy, Memphis crime rate is pretty high, Phoenix we don't really have set up our mind on it.Remains a lot of other good followers : Oakland, Austin, Charlotte or Charleston...Any help in our american real estate quest will be gladly appreciated.This website is a true gold mine with a lot of knowledge and that's why i'm coming at you right now :pThanks,Loic

Being an entrepreneur is in my family and in my blood.Many people in my family are business owners or inventors.Where some people see SECURITY in a JOB I see restraint and boredom.I have always been a free thinker with an imagination and passion for creating things and learning to do things better.My first business was a car audio business at 19 years of age.I would in the years leading up to that pester this other car audio owner multiple times a week.I learned a lot from him just hanging out.He didn't mind as he knew my dad was killed in a car wreck when I was 16.College is theory and learning from people doing it everyday is real world.The first 2 years of college is just a rehash of stuff you already know.I made straight A's in high school so I already had the discipline and the smarts.After to going to college for awhile me and my other friends just didn't see spending years there when we could grow our businesses.I think college degrees are great if you know the demand for the specific job will be out there when you graduate.People that go to college think about getting into it but do not plan for the exit and the debt involved.College is an investment just like anything else and can be a bad investment if you spend time focused on the wrong majors etc.I do not believe sending kids to college to "figure things out" while they rack up huge student loans that they cannot get rid of through bankruptcy.

Details please.Tangent:New Century is in bankruptcy.

in the case of a bankruptcy trustee seizing a debtor's real property to pay creditors, what happens if that property has a tax lien held by a tax lien investor?

If you wanted to file bankruptcy to get out of your bills it takes time and it will follow you.

Personally I don't think there is opportunity working bankruptcies.