---

Do nothing, or leave?

Author	Message
	Add to del.icio.us Add to YahooMyWeb Add to Simpy Add to BlinkList
Guest	Posted: Sat Nov 27, 2010 9:08 pm    Post subject: Do nothing, or leave? Like 0 Dislike 0 bought 06, 80/20, downsized income 08 by 1/2. bankruptcy this yr. House is 75k underwater and falling down around us and we are at end of rope. just shoot me:( or what would you suggest? been calling Citi since early 09 they do not want to help.
adonis Joined: 22 Oct 2005 Posts: 10531 Location: ALASKA 1085.02 Dollars($)	Posted: Sun Nov 28, 2010 7:44 pm    Post subject: Like 0 Dislike 0 Welcome Guest, Did you include the property and the mortgage in your bankruptcy filing? If you got the mortgage discharged in your bankruptcy filing, then you are not personally liable for paying off the loan any longer. You can surrender the property to your lender and he will sell it off in order to recover his dues. You won't be liable for paying any deficient balance to the lender as the mortgage has been discharged in your bankruptcy filing. _________________ Procrastination is the enemy of your financial success

Quick Reply
Your Name
Subject
Image Verification	Enter the code above here : Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours

Page 1 of 1

---

We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0