Sam Liu
How long does eviction (with Tenant bankruptcy) take in Memphis?
I have an investment property in Memphis. It's my first out-of-state investment property. Unfortunately, the tenant (who is the first tenant for my first out-of-state property) stopped paying rent after 3 months. He a...
Sanjay Patel
Foreclosing on a LLC borrower who has filed for bankruptcy?
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...
Paul Barber
Eviction / Tenant Bankruptcy
Hi BP!Yesterday, I got a default judgment on a 2-count eviction (for nonpayment AND for a confrontation with the property manager involving the police). Today, I found out that they filed for bankruptcy protection. My...
Monique Howard
In need of some newbie advice
I have am still somewhat in the learning process, but I am really anxious to get started and work on getting my first deal. I have spent a lot of time over the last maybe 5 years reading books and taking courses learn...
Amanda Thompson
Security Deposit return to bankrupt tenants?
Our NIGHTMARE tenants finally moved out. They owed us over $15,000 in back rent and fees and then filed bankruptcy. (This is the 3rd time they've done this... one major reason we fired our Property Manager. Seriously,...
Greg D.
Purchasing Tax Lien on property that is in foreclosure
I have come across a number of tax liens on properties that are in foreclosure. What happens to your lien when the property is foreclosed on?
Would you avoid these properties? Anything special to watch out ...
Andy H.
Evicting a tenant who filed for bankruptcy: cash for keys?
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...
Michael S.
Applicant Converting Chapter 13 to Chapter 7 Bankruptcy
I have an individual interested in applying for a vacant townhome I own, but is asking whether or not a bankruptcy filing will be an automatic 'no' for the application. I haven't dealt with bankruptcies and am only ma...
Pablo Mendez
Buyin neighbors property... will be in foreclosure.
Hello. I want to buy my neighbor's property. I have spoken with him over the past several weeks. He will file for bankrupcy in the Spring and stop making payments on his home while it goes into foreclosure (to save mo...
Yolanda Little
Automatic Stay Lifted
I was a tenant where the property manager did not inform me that the house I was renting went into foreclosure. I asked on several occasions for my security deposit to be returned. I filed a small claims suit against ...