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Buying notes when the trustor is already in BK...

Posted by Alfred CA on October 24, 2001 at 10:33 PM

Ward,
I may have an opportunity to purchase some 2nd TDs that have the 1st in foreclosure... the downside is that the trustors are already in bankruptcy. Does the BK aspect kill the possibility of my being able to profit from this situation or is there a way of making lemons into lemonade? Thanks for your help.


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