Hello:It has been a while since I prosecuted a claim in BK court but I do recall that we always petitioned to have the secured asset excluded from the BK estate.  

The DA will prosecute faster than a politician goes after campaign contributions. 

@Michaela G makes the point everyone forgets: the federal govt. is not prosecuting right now but reserves the right to.

The IRS is sometimes *very* slow to move; but once they move it's like an avalanche and you don't want to be on the receiving end of their collections arm / prosecution arm.

It is a very gray area that seems mostly illegal but is very very rarely prosecuted.

It isn't prosecuted against often so there is low risk as the wholesaler but if an issue arises, the listing agent could report what your agent was attempting to do and they could be in trouble with the state board.This is why most wholesalers write their own contracts, do their own marketing, and work with off market leads.WORD OF ADVICE: No many investors are going to buy a property from a wholesaler that is on the open market.

you are only allowed to credit bid what your owed and expenses.. if you paid the tax's then yes you can add them if they are unpaid then no U cant.. if you want to own the property and continue to bid above your credit bid your just like any other investor and you can bring your cash to the sale ( cashiers check) and bid as high as you want.. but keep in mind any overage over what your credit bid is.. goes to the next creditor or to the owner. and if you don't pay the first off your taking title sub too the first and will need to deal with it.. in many cases like this is can be a situation were you simply buy out the first NOW.. and your second goes into first position and your second because you advanced the 30k becomes 105k credit bid.. and then anything bid above goes to the owner or next in line.your trustee that you hire to prosecute the foreclosure will walk you through all this.. 

I ended up paying $3K in fines and now I am having him prosecuted by the NY Attorney General's Office of Financial Fraud.

Just got to sign some papers stating it's okay for them to prosecute whoever stole the meter if found.

I'm a patent attorney in Midtown, and we do a lot of patent prosecution work for local tech companies in the southeast.