Typically speaking, those properties that were acquired prior to marriage are not considered to be "marital property", or subject to control by both husband and wife.

Seller Disclosure formP&S Agreement (contract)Sub To AddendumSeller Disclosure AddendumSellers Disclosure (Trec)Authorization to release Loan informationHomeowners Cancellation FormNotification to Lender of Change of Address of BorrowerLimited Power of AttorneySpecial Durable P of A for Real Estate TransactionsAffidavit of Marital StatusGeneral Warranty Deed Subject To Existing MortgageSo it's easier to point the OP in the right direction.

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.

@Tom Gimer No, this has nothing whatsoever to do with anyone's marital or relationship issues. 

--Filing my pre-marital agreement with the parish $250.

This may sound funny but, I look at his marital status, financial status, his health, his momentum in business and I call his supplier to see if he pays his bills on time. 

One woman I know can't buy a house because her DTI still includes the marital house where she still is on the mortgage, but not on the deed.  

Most to take advantage of the unlimited marital deduction clause of the revenue code to delay payment of the inheritance tax as long as possible.

All this marital talk aside Your doing an excellent job josh.

Seems like everyone is more concerned with dishing out marital advice than RE investing advice.