Mark Buchheim
Debtor filed a lien / loan on his property to himself (fraud?)
This is a weird and possibly illegal activity. I won a $50,000 judgment against someone. His only asset is his house. He has a first and second mortgage and he knew that I was going to put a judgment lien against h...
Paul Murch
What next?: Note in Ch13 Bankruptcy and now a Motion to Dismiss
My IRA owns a note in second position on a house where the borrower is currently in a Ch13 payment plan. I have started receiving payments and will for the final 12 months of the plan. Last month, the trustee filed to...
Jeremy Anan
Personal lien against a person
Hello BP - I have a friend who's considering real estate investment but has a lingering concern. Back in 2007-2008, he took a business loan of $100,000 for a restaurant venture that unfortunately failed. As a result, ...
Darieal Sutton, Sr.
Properties in Bankruptcy
Morning all, advice needed if anyone wouldn't mind. Re: Property in Bankruptcy. Got a call from a direct mail piece I sent out.Per the owner: originally the property was in foreclosure and was listed for about a year ...
Amanda Cates
Taking a tenant to small claims
I have a couple questions about what I can charge the tenant for. As I stated in a previous post I'm still learning because this is my first time dealing with a tenantt leaving me with a mess. Repairs are costing us m...
Anna Catron
Chapter 13 Bankruptcy-House purchase
6 months ago we offered to pay a woman for her home as she was in Chapter 13 and considering putting it on the market. It has been the craziest process I've ever seen. She doesn't know how to move the situation alon...
Patrick Snyder
SDIRA Loan Question
I was the beneficiary of my mother's SDIRA, and she had made a loan to a relative when he was starting a business. I would like toforgive this debt and clear the asset from my account, but the woman with whom I spoke...
Chris Modzeleski
Has Anyone Ever Sold a Judgment?
Has anyone ever sold a judgment? If so, how did that go, and what would you recommend? I recently got a judgment for unpaid rent and damages as part of an eviction, but the former tenant has moved out of state and i...
Reginald S.
Bankruptcy
Hi BP !,
I am looking to wholesale a Single Family Property. The owner is deceased and the widower wants to sell. Prior to me locating the property, I assume the (wife) filed for Debtor's Court. The property...
Nate Peterkin
Need Your Feedback - An Alternative and Effective Judgment Collection Method
I would like to get your feedback on an alternative and somewhat cost effective solution that has proven to be effective for years in collecting from bad debtors. Its called 'Naming and Shaming". To make it legally ...