A Trustee can cram down the debt, which means they can make the debtor take less than what is owed or the debtor can take less on their own accord.

Comps are all around 50-60 *It is currently up for sale on auction.com 1726 Tumbleweed Drive Holiday FL AE Flood Zone Bidding starts at $15K - Runs 3/9 – 3/12 on auction.com Debtor is currently occupying the property

A sub2 does not relieve of the mortgage debt or monthly payment and there is not guarantee that the sub2 buyer will not walk down the road.

Any insolvent debtor is bankrupt.

Can someone tell me what is the difference? If both have different phone numbers on property records who should I call? Basically who is the owner? Thank you all

Repay the debt or declare bankruptcy.

However, as any economist would say, inflation favors debtors and deflation favors savers.

HOA liens are considered personal debt in many states and you may pursue the borrowers and try to collect the debt or even sue to get a judgment.

[Like a private investigator, used for collections and repo men, etc, when a debtor disappears with no contact info]One more possibility: maybe the owner has other properties, perhaps they're not all vacant and the renters have contact with that person, or a management co.

We are both stuck is my interpretation. thanks, MattIf a foreclosure of a superior lien position occurs, all junior liens are extinguished (debt still remains the responsibility of the original debtor) provided proper notice of the foreclosure was given to the junior lien holders.