Quote from @James Mc Ree:It doesn't sound like AHP is declaring it lost yet.

Bankruptcies, Foreclosures, Residency ETC..

links to some resources/articles about this (one may be behind paywall)https://x.com/TriangleBIZJrnl/status/1984315727499706700https://www.bizjournals.com/triangle/news/2025/10/31/abranov...https://www.bkalerts.com/recent-bankruptcy-cases/north-carol...

Also wondering if in 2025 it’s still worth it to pull lists (pre-foreclosures, bankruptcies, divorces, etc.), or if there are newer techniques that deliver better ROI. 

I always give them options that they should consider such as loan modification, loans, even bankruptcy sometimes.

It took 7 years, $250K in legal fees, two state superior court lawsuits, one federal court lawsuit, one appeal, one attempted appeal to federal court, and three bankruptcies that I had to petition the BK court for relief.  

Every lender has slightly different requirements, but here are some of the common criteria we look for:Property Ownership / Purchase Agreement – You’ll need to show either a purchase contract or proof of current ownership if it’s a refinance.Exit Strategy – Whether it’s a flip, refinance into long-term financing, or a sale, the lender wants to understand how the loan will be paid off.Credit Profile – While perfect credit isn’t required, most lenders will still check for recent bankruptcies, foreclosures, or major delinquencies.Down Payment / Skin in the Game – Typically expect 20% down on a purchase. 

And when it is, they declare it some fashion of a scam, hoax, they blame everything but self. 

Seattle, awash with sec 8 vouchers, moves in their previously homeless, substance abusers, and declare success.

Just went through a bankruptcy which means they couldn’t pay creditors which means bad business advice!