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Posted on: 24th Dec, 2012 09:54 pm
We are not sure what to do with out foreclosed home. Should we file bk to get rid of it or should we wait for the Sheriffs Sale to happen?
hi guest!

welcome to forums!

if you don't have any other debts to get rid off, then it will be better if you could wait for the sheriff's sale. you should get in touch with the lender and ask him to sell off the property asap so that you can get rid of it. filing bankruptcy should be your last option.

feel free to ask if you've further queries.

sussane
Posted on: 24th Dec, 2012 10:40 pm
Hi Guest,

Sheriff's sale will be a better option, as Sussane has said, if you don't have any other debts. Nevertheless, you can speak to a bankruptcy attorney and take his opinion in this regard. He may even suggest you as to which option will be best suited for you.

Thanks
Posted on: 25th Dec, 2012 07:36 pm
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