Posted by: admin in chapter 13 bankrupcy rules on
Relly89 asked:
Most companies that offer to buy your house or help sell it won’t even help us. We got our mortgage for $300,000 but we owe about $290,000. Since we knew they were going to forclose and we could only send them a couple hundred dollars a month (our mortgage was $2,800) we just concentrated on paying other bills. Should we wait for the house to forclose and get taken away or should we file for Bankrupcy (i think there’s either chapter 11 or 13). We desporately need some help! any advice is greatly appreciated (even if its a link to a website or a number to call)
Thanks!
Most companies that offer to buy your house or help sell it won’t even help us. We got our mortgage for $300,000 but we owe about $290,000. Since we knew they were going to forclose and we could only send them a couple hundred dollars a month (our mortgage was $2,800) we just concentrated on paying other bills. Should we wait for the house to forclose and get taken away or should we file for Bankrupcy (i think there’s either chapter 11 or 13). We desporately need some help! any advice is greatly appreciated (even if its a link to a website or a number to call)
Thanks!