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Advice on Consequences of Foreclosure

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kim090807 Joined: 20 Sep 2009 Posts: 55 -0.01 Dollars($)	Posted: Mon Oct 05, 2009 9:04 am    Post subject: Advice on Consequences of Foreclosure Like 0 Dislike 0 We cannot afford to pay the mortgage anymore. The title and the mortgage loan are under my husband name only. Should I file income tax with my husband or not? (we always filed together before), but I am trying to save my credit for the future, so we can rent a place. Do I still have to pay the property tax? What the city can do against us? We have one car paid in full (worth about $5,000), and my house is going to foreclosure. The bank can go after my car? Thank you so much for your help in this horrible moment.

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