I bought certificates for the 1st time yesterday and on 2 properties where one owner filed bankruptcy.

Due to bad decisions and a divorce, I went through both a bankruptcy and foreclosure. 

There is a chance that it was scheduled for foreclosure but prior to the auction it got pulled in order to let the owner do one of the following: deed in lieu, short sale, or bankruptcy.

Hello, I am in the process of buying an investment home with my brother as a cosigner, his income is qualifying the loan, but I have the money for closing and down payment in my account. do to a bankruptcy I had that wont clear for a few months the sale is on hold. my brother will qualify on his own, but proof of funds is with me on the bank account only.

I’ve owned certain companies outside Canada and would do all finance/cashflow myself, but real estate is a new field to me as well as doing finance in a country which is not tax free.Example questions: Under which entity should I be under before purchasing real estate to protect myself and my family from bankruptcy?

If they are deceased its easier than occupied, as if you foreclose they could file bankruptcy, possibly chilling your intentions for up to 5 years, or request mediation when foreclosing to keep them in their home, as the idea when buying these is to try to help them in any way and not just be buying them to foreclose & eject for your BRRRR inventory.

., where it was previously headquartered.High-pressure sales tactics were used to secure money for what were promised to be “low risk” and “conservative” investments, but in reality the funds were funneled to real estate owned by Shapiro, according to the U.S. attorney’s office.Woodbridge eventually became financially insolvent, the scheme began to unravel, and Shapiro in 2017 considering filing for bankruptcy, prosecutors said.Still, he, Roseman and Acevedo continued to sell the fraudulent investments without telling investors Woodbridge was on the verge of collapse, according to the indictment.

. ;)Read my story (it's 3 parts but here's Part 1 first so you will know what I mean by my statements above)https://www.biggerpockets.com/forums/55/topics/690349-from-bankruptcy-to-1-000-units-part-1-thru-the-dark-tunnel

Here's Part 1 of my story:https://www.biggerpockets.com/forums/55/topics/690349-from-bankruptcy-to-1-000-units-part-1-thru-the-dark-tunnelNow after reading that story, don't feel bad for me. 

The city did declare bankruptcy a few years ago and there is no school district within the city.