I recently had two successes with Adequate Protection Orders for borrowers in Ch 13 BK. The APO is another way to deal with a borrower's delinquency in their BK plan when it negatively affects a creditor. If a borrowe...

Hi there!  I recently won a lawsuit in small claims against a former tenant.  I have since obtained  a final order in garnishment, signed by the judge.  My question is, in Indiana, does the court serve the employer or...

Can anybody elaborate on how exactly a banktruptcy slows down the foreclosure process and delays the trustee's sale? I understand that I would need to consult an attorney to obtain guaranteed advice...but any general...

Hi, I'm doing DD on a note.  The borrower filed BK 7.  The court relieved the borrower from the obligation to pay the mortgage.  However, I've read that this action by the court does not remove the lien that I may pur...

I made a 2nd lien here in Los Angeles, CA in May 2008, Owner Occupied.  The borrowers had sufficient income to qualify and lots of equity.  One source of income was from a rental duplex, which they cashed out on 3 wee...

I am foreclosing on a house because the owner did not pay his property taxes.
The owner made his payment this month even though the house is in foreclosure. Is this a strategy of his? What should I do?

I'll preface this by saying that I know that I need to get legal advice and will do so before taking any action. This situation is on a short time fuse and I need any useful information I can get.We purchased an NPN w...

Hello BP community! I am super excited to have found and joined this site full of REI's. I am currently a junior in College and recently got a pretty sweet full time job that will be paying for my college and paying m...

What do you say to a seller when they ask how does a short sale benefit me after I've done bankruptcy? Are there even any benefits? What I've been saying mainly is that its added protection and gets your name out of i...

Does anyone have experience with a NP 2nd on an investment property which is part of a BK Chapter 11? I'm familiar with all the note education concerning BK 7&13, but I haven't come across 11. I've already learned...