Dianne Pettitt
My tenant is filing for bankruptcy - chapter 7
We received a "Notice of Electronic filing procedure" yesterday from the US Bankruptcy Court. One of our tenants is named, but no other particulars. This is a confusing form saying we (I guess) have to submit docum...
Quan Yuan
how to evict tenant after tenant applied bankrupty
I applied eviction to my tenant last september and got judgement from court and set up a moving date. she applied bankrupty beofre moving. what can i do next step?
Rene Fernandez
Bank Reinstates Discharge Past Due Amount / Loan Modification
Hello,We are trying to refinance however, lenders are asking that we request a payoff or subordination of a lien held by HUD. We would like to know if you would recommend that we challenge the lien based on the follow...
Tim Coppola
Applicant has a Chapter 7 Bankruptcy on record
Hello everyone,
I have an applicant for one of my units who has a Chapter 7 bankruptcy on their credit report. It looks like it was filed in 2016, settled in 2020 and is now discharged. I am just curious what everyon...
Allyson Talbot
Laid off and in a bankruptcy
My husband and I are currently in a chapter 13 bankruptcy. I was laid off in April and have been able to make mortgage payments up until September. We are going on two months of missed payments. I've contacted agencie...
Account Closed
Purchased Foreclosed Home at Auction - Bankruptcy Stay Added
Hi Everyone,
I bought a property at foreclosure auction (association foreclosure) about 3 days ago in Miami-Dade county. Today I see there is an Order Case Pending Bankruptcy Stay. I noticed there was a Suggestion o...
Rebecca K.
Memphis Rentals: Eviction and now Bankruptcy
A tenant is almost $4,000 late with rent.Through my property manager, we were awarded judgement and possession after an eviction proceeding. Since then, the tenant has filed for bankruptcy, which has ceased all action...
Eden Villarreal
Bankruptcies vs preforeclosures? What's the difference?
Newbie question here. I'm new to real estate investing and I would like to invest in preforeclosures. On the foreclosure.com website they have listed under tabs a section for bankruptcies and preforeclosures. Are thes...
Colton W.
Approving a Tenant with a Bankruptcy because of Divorce
Hello, I have an applicant that recently filed for bankruptcy due to a divorce. Is it wise to rent to a tenant like this? They are a former police officer and a manager for a local Security Firm, so that seems comfort...
Mike Franco
Who is crazy enough to rent to someone planning to file bankruptcy?
I got a call from a prospect who was upfront with me about her plans to file bankruptcy.
For landlords, this is just asking for punishment, isn't it.
I haven't met her yet, but she says she has enough to cover her r...