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...

Hello! I am in the process of starting to collect on a judgement that I won, but I ran into a bit of a question. I sent forms several forms to my tenant (Execution Exemption Notice & Notice of Intent to Levy on Ea...

Does the lender or the debtor initiate the 1099-INT in a family situation like this?

Here is some basic information for mortgagors:
 Texas Property Code Section 51 covers foreclosure law. When a debtor/mortgagor is in default there are several guidelines that lender/bank must follow. Below is a quick...

Hello,
I just wanted to know the proper laws in Kansas City, Missouri to charge tenants for property damages after eviction. As we know as investors the security deposit does not cover all damages. What is the best w...

I received a call the other day from fundmygap.com, they were seeking gap funding referral opportunities. In the course our conversation, I asked them who else they were doing business with in my area. He mumbled...

(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...

How do Chapter 13 or Chapter 7 effect a note you have purchased or about to purchase? What are the opportunities and procedures necessary to take advantage?Thanks in Advance

Looking to save a home from Sherriff’s sale. Home is located in Pennsylvania, and schedule for sheriffs sale the end of June. Mortgage Company wants $60,000 in back payments and late fee’s to prevent sheriffs sale. C...

Hi BP !,

I am looking to wholesale a Single Family Property. The owner is deceased and the widower wants to sell. Prior to me locating the property, I assume the (wife) filed for Debtor's Court. The property...