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...
Erick V.
Borrower filing bankruptcy...what happens?
What would happen if after you buy a NPN, the borrower decides to file for bankruptcy? What happens to you as the note holder? I assume if the borrower throws the property into the bankruptcy that it would go to th...
Jake Thompson
Bypassing General Contractor and Paying Sub Directly
Hi all, I have a project that has been completed and just before I was ready to send out final payment, my general contractor told me that they were filing for bankruptcy and I should send the bill directly to the su...
Carrie Westover
Tenant bankruptcy impact on landlord
Assuming a prospective tenant has shining references from previous landlord, over sufficient income for rent, but bad credit (following divorce, etc.) and possibly considering bankruptcy to begin rebuilding credit, wh...
Ray S.
Renting to tenant with history of bankruptcy?
I used SmartMove for a credit/background check of a tenant. They filed for bankruptcy 10 years ago, but it is still showing up on their credit report. They have a very high salary for how much they are renting for tho...
Gi'angelo Bautista
Contacting Home owners in Bankruptcy
I'm going to go contact homeowners who have a Notice of Sale, but I noticed that some of them have their Notice of Sale postponed due to "Bankruptcy". By the way, I use property radar to look for this data. It doesn...
Sean W
How Bankruptcy Affects the Short Sale
I'm about to work on a short sale with a seller who's ex-husband has gone through bankruptcy over a year ago to delay foreclosure. Since 2006, nothing has been paid on the property. Two mortgages have been taken out o...
Bonnie Kellehan
Tenant's previous bankruptcy/Post-petition debt collection?
I had a tenant during 2016, evicted in Jan. 2017; our county court ordered judgement for past due rent. In Oct. 2017, I learned of her new employment and filed wage garnishment toward the judgment/debt.Today, I receiv...
Fred Schonfeld
Banks that lend post bankruptcy
Looking to refinance properties in CT but I am 3 1/2 years after a bankruptcy discharge. And guidance or experience you can share would b greatly appreciated.
Thank you!
Mike Oconnell
Would you rent to tenant in Chapter 13 if they pay for full year
Would you rent to a prospective tenant who is in Chapter 13 bankruptcy if they pay for full year up front?Thanks!