Posted on: 31st Oct, 2009 09:54 am
WHAT HAPPENS IF I SURRENDER MY HOME IN LEIU OF FORECLOSER OR BANKCRUPTCY
Everybody's situation is different, so there's no black and white answer. For sure we know you'll lose your home and mess up your credit, but it's usually best to do things like that within a bankruptcy program under the guidance of an experienced Attorney. Do it wrong and it'l lhaunt you for a long time.