The scenario is the following:as a private lender, I have a 1st lien on a property (in washington dc) to a borrower who is an LLC - and unable to make payments.  I am going thru the non-judicial foreclosure process to...

I have a property that we are about to put under contract (wholesale) the homeowner is in preforeclosure but somehow still apparently wealthy. and doesnt care about the house. Assuming that the homeowner would just go...

I have a question regarding tenant's bankruptcy. I received a noticed from the US Bankruptcy Court that one of my tenants file for bankruptcy on the 1s of this month. Prior to this, he had told me that he was going to...

How can I find bankruptcy leads?At one point Realty Trac offered a list of properties that were in bankruptcy. From there you'd have to verify if the Motion for Relief from Stay was ordered by the judge which then all...

I keep hearing about how the rich file bankruptcy not because they are in trouble but as a strategic way to build more wealth. For example Donald Trump, Rich Dad's Robert Kiyosaki, 50 cent, Henry Ford even Walt Disney...

I am studying following a foreclosure auction case. A foreclosure sale was conducted and the bidding winner got a Certificate of Sale Issued on 07/06/20
Defendant/Owner filed for Bankruptcy on 07/03/20, the suggesti...

Has anyone ever offered a tenant who is behind in rent and has filed for bankruptcy cash-for-keys to get them out?We have a property in Memphis that is being managed by a property manager. The tenant paid May rent, bu...

Does anyone know about submitting offers to banks? Should I call? It says the property is in pre foreclosure. I talked to the owner and apparently she included the home in her bankruptcy so she no longer has the home....

(Not legal advice; just relaying my own experiences & understandings)When a borrower files a Ch 7 or Ch 13 bankruptcy, there is an automatic stay against all creditors from collecting on the filer's debts. As a le...

Been trying to do some research on this specific topic and I've had no luck finding any answers.  If anyone has any information or incite on this i would greatly appreciate the help.What happens to the investment grou...