need help asked:
I filed chp. 13 bankruptcy a few months back and now want to surrender my house. I owe more than the house is worth and cannot afford the mortgage payment. I am current on the mortgage payments and the bankruptcy payments. Will this be a foreclosure on my credit? Also, how long will have to wait before I am able to get another mortgage? I understand that FHA will be the only lender who would even consider a mortgage a few years after bankruptcy.
sherryrosemary asked: Back in 2003, my husband and I made the difficult decision to file
Chapter 13. We had no choice. His business was failing, it was a mess.
Anyway, we are trying to start over again and I was just wondering if anyone can give us any advice?
We are planning on moving, do you think this will be hard since we are still in the program? I know most places check your credit, but we both recently finished college and will hopefully be able to find good jobs. (He is a nurse, I am in the business field, administrative type work, to be exact.)
Anyway, any advice would be greatly appreciated.
Thanks so much!
