Thee are a number of questions that would have to be asked to really answer this.

What type of bankruptcy and do you qualify for the bankruptcy. Is the debts going to be discharged through the bankruptcy?

Would you be financing the property or would you pay cash?

If you have cash the other lien holders will be comming after you. And if you have to finance the property how will you do it with your credit score after the foreclosure or bankruptcy?


It sounds like you need to discuss with an attorney or a local representative or give a lot more information.



Keith Manson
First Weber Group
Certified Distressed Property Expert
Greenfield, Wisconsin