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Old 10-24-2009, 09:50 AM   #14 (permalink)
ajatkinsaz
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Re: How do stash rental income?

What if BK were used as part of an exit strategy for a failed investment property to avoid massive defficency bill from lender. Is it true that creditors (credit cards especially) can go back in your financial history for a min of 6 months? If there is tens of thousands of $$ in your account that suddenly "disapeared" (not used for bills or large purchase), then wouldn't that be seen as suspicious(fraudulant)? Just looking for advice if anyone has experience with this. thanks
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