The courts would likely require the PMC to refund the tenant and then pursue you for reimbursement -> that would cost them time & money IF it made financial sense to hire an attorney to chase you.Kudos to @Adam Bartomeo for getting this right!

@Amy Perry what are you plans for the place?

So excited to have my first property and I plan to hold for the long term.

If you plan on being a buy and hold investor then you should be prepared to handle capex events on all of your properties.

I am very excited to have a team help my family to achieve financial freedom. 

I'm planning a move to NC and trying to make the smartest financial decision with my current home.

This approach ensured the project moved forward without financial delays, enabling us to quickly transform and sell the property, maximizing the return on investment.

We are definately planning at refinancing as the next step but need to resolve the partnership before that.

if you plan to use it as a 2nd home as well as lease it out, conventional loan will allow you to just put 10% down. 

Yes a judge can still proceed with the sale even with a suggestion of BK and the only way a judge can stop it typically is if the borrower files a temporary restraining order, which lasts 15-30 days and must be a valid reason - the reason of "I am going to file BK" is not a valid reason to give a TRO as the borrower can file BK and then has time to complete submitting their plan.