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I'm reviewing a 1st position NPL on a commercial property in WA. Found that there are >$23K in unpaid prop taxes with the county. Called the county and was told that there is a BK filing. Looked up the borrower on ...
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If a homeowner is in foreclosure and they file for bankruptcy will their mortgage debt get wiped out?
What happens if I go but the house from them. Will they still owe the bank money and all back interest and fees....
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ACV insurance is a major key
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Question about re-affirming obligations under a Chapter 7. If a borrower has a mortgage and has cleared a Ch 7 bankruptcy, then makes a payment on the loan, have they re-affirmed the obligation, such that it now effe...
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I got a lead of a duplex property is worth $912,472 loan balance is $623,039, equity is $289,433 but it is filed for chapter 11 bankruptcy 2 years ago and has back taxes of $51,247. question is what can i do with this...
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Just curious-- my checkbook controlled LLC owned by the IRAs of multiple family members acquired a rental property in WA state which is in forclosure. The former owner and signor on the loan gave it to our LLC via qui...
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@Scott Trench trying to find the link to the excel file discussed in chapter 4 with Joe as an example! when I typed in the really long link it failed. I’m reading your book through audible purchase so it’s a little h...
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Hello!I know there are several different feelings on this, but I wanted to get some input. If a potential tenant has filed Chapter 13 due to needing to withdraw money from their 401k accounts to pay for the funeral ex...
I was wondering if anyone knew if a co-op board may be likely to accept an applicant even if that person has filed for Chapter 7 bankruptcy and it's been nine years since the bankruptcy was granted and good credit has...
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Hi I'm new to BP, but have a passion for personal improvement. I've made many improvements throughout the years and done quite well for myself. Unfortunately roughly a year ago I tried leaping into buying a business t...