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In this milestone episode of the Paperstac Podcast, Rick Allen and Brett Burky delve into the world of bankruptcy and its implications for real estate investors. They discuss the differences between Chapter 7 and Chapter 13 bankruptcies, the importance of the proof of claim document, and the benefits of purchasing assets in bankruptcy. Don't miss out on learning how to master the important aspects of bankruptcy. Join them as they share their insights and experiences in navigating this complex area of investing. Chapters: 0:00 Intro & 100th Episode Celebration 01:50 DME Conference in Nashville 02:16 Exciting Updates on Noteclosings.com 03:05 Basics of Bankruptcy in Real Estate Investing 04:26 Understanding Chapter 7 and Chapter 13 Bankruptcies 06:17 Role of Proof of Claim Document in Bankruptcy Cases 09:43 Payment Plans and Debt Restructuring in Chapter 13 09:48 Selling Off Assets in Chapter 7 to Pay Off Debts 10:28 Approval of Plan by Creditors & Courts 11:06 Filing a Motion for Relief From Stay to Proceed with Foreclosure 13:40 Strategies for Navigating Bankruptcy Deals Successfully 14:33 Intricacies & Challenges Involved in Bankruptcy Cases 18:53 Dealing with Frequent Filers & Identifying Patterns _______________________________________________________ We're thrilled to celebrate our 100th episode with all of you. 🎉 We couldn't have reached this milestone without your support and viewership. We kindly ask you to show your support by liking this video 👍 and following our channel. Help us spread the word about the Paperstac Podcast by sharing it with your friends and colleagues. We appreciate each and every one of you for being an integral part of our incredible community. Your presence and enthusiasm have been invaluable on this journey, and we are grateful to have you by our side. Thank you once again for your support and for joining us in celebrating this exciting milestone! 💌 Warm regards, The Paperstac Podcast Team 🎙️ _______________________________________________________ For more videos on mortgage notes & real estate investing 👉subscribe👈to our channel:👇 / paperstac sub_confirmation=1 🛎️Press the bell icon to get notified of when our new videos are published. 🎥 Share this video: • Mastering the Important Aspects of Bankruptcy _______________________________________________________ Follow Us On These Platforms:👇 ➡️ Facebook: https://pstac.co/facebook ➡️ Linkedin: https://pstac.co/linkedin ➡️ Twitter: https://pstac.co/twitter ➡️ TikTok: https://pstac.co/tiktok ➡️ Instagram: https://pstac.co/instagram Looking for further education on note investing? Explore Paperstac Academy at 👉https://pstac.co/academy A mortgage note investing course designed to help you go from beginner to purchasing your first note. ———————————————————————- 🔊 SPEAKERS: Rick Allen & Brett Burky 👉Check out our podcast: https://pstac.co/podcast_on_youtube 👉Check out our Snackable Series: https://pstac.co/snackable_series 👉Check out our beginner note investing playlist: • Beginner Note Investing Playlist #bankruptcy #chapter7bankruptcy #realestateinvesting #chapter13bankruptcy #PaperstacPodcast #Paperstac #noteinvesting