Natasha Woods
Buying from a person in Bankruptcy - Chapter 7
Hello,I hope to purchase an investment property that the owner is going through Chapter 7 bankruptcy. I contacted the trustee, the mortgage company, and have been told I need to work directly with the owner, as the pe...
Natasha Woods
Buying from a person in Bankruptcy - Chapter 7
Hello,I hope to purchase an investment property that the owner is going through Chapter 7 bankruptcy. I contacted the trustee, the mortgage company, and have been told I need to work directly with the owner, as the pe...
Lynda M.
Buying Real Estate as LLC after personal bankruptcy
I had a chapter 7 bankruptcy discharged in October. My credit since then has been good, but obviously the bk is very recent. I have a very lucrative business opportunity that requires land but I will not be able to ge...
Jack B.
Would you rent to this person with a past bankruptcy?
They didn't mention it on the phone, only mentioned that they went down to "Zero" when the real estate bubble burst a few years ago.He gave me a detailed run down of his story (of course it's difficult to verify any o...
Tracy Sharpe
What would you do after a foreclosure and a personal bankruptcy?
Situation:My wife and I currently have 6 houses. One of the houses was purchased in California in 1995. In 2002, we moved from our smaller, first house to purchase a larger and more expensive house in California, whic...
Manoj N.
Renting to a person who is likely to file for bankruptcy
I have an applicant - a nice family - who applied for my house. Their business went bankrupt in 2007 (filed for a bankruptcy then) and their second business also went into debt due to non-payment from clients 2013. C...
Marc Cormier
Probate and Bankruptcy at the Same Time? One Debtor, Two Estates
When you accept the role of an executor or personal representative to someone close to you, you know the role will take time and patience. Yet perhaps the last thing you're considering is that the person you’ll repres...
Account Closed
Subject To : Seller filed a bankruptcy
Hello,I bought a property last year subject to existing financing.Later I sold this property on owner financing to another buyer.I was making regular payments to the existing loan since i sold the property.Last month ...
Mary Jay
Does a business bancruptcy affect personal buying?
Hi guys,I have a good credit and have few properties (couple are in my name and few are in LLC's names)I have always wanted to open my own business but scared that if my business goes south it will prevent my ability ...
Trey R.
Potential tenant and bankruptcy
Good afternoon,I was looking for some advice on a potential tenant involved in a bankruptcy. I have searched the forums and done some reading on renting to people who have been involved in bankruptcy. I personally d...