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Results (7877)
Milton F. Need advice seller going through bankruptcy
18 August 2015 | 4 replies

Hi BP,

I need your advice. I just received a call from
a seller that is currently going through bankruptcy. She said her home is no longer in foreclosure due to filing for bankruptcy. She said 140k is owed on the hom...

Bara Nwokoma Distressed Owner/Bankruptcy?/Major Taxes Owed
30 September 2015 | 9 replies

Hello All!I hope all is well. Let me get straight to the point.I had an owner contact me via my direct mail.  He owns a house which he hasn't paid taxes on since 1995, the house has not been to auction, and I was told...

Randy Eckstein Post bankruptcy and foreclosure financing questions
3 May 2020 | 4 replies

Several past posts addressed parts of my questions but wanted to lay out my current challenge.  3+ years post Ch. 13 BK and foreclosure done outside the BK from a failed restaurant business.  Since then, current house...

Terrance Mcclendon Off market deal. Seller filed bankruptcy
12 July 2020 | 0 replies

I am working on an off market deal where the seller is wrapping up a ch 13 Bankruptcy that ends in September. The bank dropped the loan on the home however, based on what I am being told them home is in the bankruptcy...

Arnie Clark A tenant files Chapter 7 Bankruptcy
10 June 2020 | 1 reply

I have a single family home that i turned into a rental property, the property is paid off and the title is free and clear. My tenants have been on time for the last 4+ years but just filed chapter 7. The property is ...

Daniel E. Owe taxes on bankruptcy payments received?
27 January 2021 | 2 replies

Hello,I own one non-performing note. Chapter 11 plan was approved in early 2020. Do I need to report this income? Will I owe taxes?UPB: $50kLegal: $85k2020 Pmts: $15k*LLC costs related to note (force-placed insurance,...

Thomas Andresen Seller discloses bankruptcy day before closing
18 March 2021 | 1 reply

I put in an offer on a home that we found on the MLS in Philadelphia. This offer was accepted and we proceeded down the line with financing, title, earnest money, option money,etc… The day before we were to close the ...

Johnson H. $196 Million Chapter 11 Bankruptcy Story
13 October 2014 | 8 replies

I see a lot of new investors on BP and I wanted to share this story of a very prominent investor, hard money lender, developer, well known in the community that filed for bankruptcy during the financial crisis. He was...

A.J. Bardugone Buying from sellers in a bankruptcy
25 September 2022 | 2 replies

Hey all.Would anyone with experience buying homes from sellers who are in an active Chap. 7 or 13 bankruptcy speak to the experience?  On the surface, it seems as if they'd be difficult-to-close, time-consuming and po...

Dedric Polite Looking for MA based Bankruptcy Attorney!
4 April 2016 | 0 replies

Hi BP! I am looking for a Bankruptcy attorney for one of my clients. They are looking to file Chapter 13 Bankruptcy and need an attorney who can handle it quickly and affordably. Please message me with details. Thank ...