Is it possible to file for BK 7 and still keep any rental properties if that is your only source of income? Won't qualify for chapter 13 due to excessive debt and chapter 11 is too expensive. :roll:

We are looking into getting a private Investors Loan of 120,000$ with these Terms. We are calculating our repayments to be around 2700$ Would this be correct? Also we are not quite sure what point 3b means for us.... ...

The lienholder is required to provide 21-day notices of foreclosure sales of a residential homestead. This notice must also be filed with the county clerk and posted at the courthouse. The Statute of limitation is fou...

What are the buying options for someone in CH13 BK filing? He has very good financial standing, income, credit score is above 650 and has a good rental history. Can lease option to buy be considered? Yes I know you ar...

What are investors attitudes and processes when deciding on advancing property taxes?
Big banks advance property taxes on every asset (unless it falls through the cracks for some reason). Much simpler that way since ...

My neighbors are going through bankruptcy, I think its chapter 13. They have a couple of rental properties that are included in the bankruptcy. They are upside down and will result in an eventual shortsale. What hap...

Hello Everyone,
I'm excited to share that I've been on a journey to purchase my first house hack, and I've finally come across an intriguing property. The seller has proposed "Contract for Deed" financing, which appe...

Hi,I have a question regarding a seller who is currently in chapter 13 repayment plan. Their plan last payment is scheduled for Nov 2024. The question is, if they decide to sell, how will that work with their chapter ...

(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...

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...