Skip to content
×
PRO Members Get
Full Access
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime.
Level up your investing with Pro
Explore exclusive tools and resources to start, grow, or optimize your portfolio.
10+ investment analysis calculators
$1,000+/yr savings on landlord software
Lawyer-reviewed lease forms (annual only)
Unlimited access to the Forums

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Personal Finance
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 12 years ago on . Most recent reply

User Stats

25
Posts
2
Votes
Tyco Bronye
  • Minneapolis, MN
2
Votes |
25
Posts

Chapter 7 Bankruptcy

Tyco Bronye
  • Minneapolis, MN
Posted

A friend of mine claimed chapter 7 bankruptcy about 6 months ago. It was the result of a down payment loan he made on a rental property back in 2007. He makes money playing poker. He told the bankruptcy place that he works for his parents and shows that he makes I forget the number but around 20k a year.

I was telling him he should do wholesaling but he says he can't make more than 20k or so or that will effect his chapter 7 bankruptcy. I asked him when he can start making more than that and he says he doesn't know.

Does anybody know when you can start making more money after claiming chapter 7?

Loading replies...