"Sub2", Mortgagor filing bankruptcy
The mortgagor of one of my "sub2" deals asked me if I would be effected if he/she files bankruptcy. Currently home is deeded to a land trust. I own several "sub2" homes and this has never come up. Has anyone experienced this?
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Here's a past Sub2 thread dealing with this specific question. It seems like you may be ok based on the posts there.