I collected enough documentation on the debtor, and I think collection can be successful. 

Today involved in over 2B of deals or 65 plus projects - most of these ventures are secured with fixed-rate debt or long-term notes, extending beyond five and even ten years, or particularly in the realm of developments through substantial completion.

I doubt many are going into credit card debt or if they are that's kind of crazy.. as this part of real estate has no smoke and mirrors generally.And I suspect because most of these folks are doing some sort of PPM and need to deal with accredited investors.. that separates those wanting to start to those who have already had some financial win's or experience and just looking for a new avenue.. 

That certificate accrues interest, which is repaid either when the property owner redeems the debt or, if they don’t, when the property eventually goes to a tax deed auction.

So while I'm doing a new investment every few months, and keep stacking up more income, I'm not wracking up any debt or anything. 

Your question about whether to sell your real estate and pay off all your debt or keep building is a great one, and you’ve set the stage perfectly to have that discussion.Right now, you’re pursuing an aggressive yet disciplined strategy.

But continue to have to chip away at the personal debt. 

I don't think it is worthwhile to refinance from a 7.99% loan to a high 6% loan, unless you are getting some cash out to payoff high credit card debt or use the money to buy another rental.

A reverse mortgage replaces a traditional mortgage and has certain requirements, and would likely be required to pay off the debts in the bankruptcy, including the first mortgage, taking them out of bankruptcy altogether.It would require coordinating the debtor, a lender willing to work with someone in bankruptcy, the trustee, the debtor's attorney, the mortgage lender getting paid off, appraiser, underwriting etc.The new lender would likely require that the debtor be taken out of bankruptcy as a condition of closing.

Right now I'd take the cash because I could allocate that to pay off high interest debt or I could use it to buy undervalued properties that could double the money and create some cash flow.