house forc.
Date: Fri, 07/10/2009 - 03:21
i have a rental house with about 10000 in equity that i don't want and can't sell to begin with because of location ! should i let it forclourse before i file bankruptcy , I'm behind 2 months . I want to file because i have 80000 in cc debt.
Can't you just list it in your BK and not reaffirm the debt and
Can't you just list it in your BK and not reaffirm the debt and let the lender take it back through the BK.
I don't think it really matters. If you don't want it, then you
I don't think it really matters. If you don't want it, then you can stop making the payments. They will foreclose when they do, or you can voluntarily give the house back. The rental income could be an issue with the means test. Best to get the advice of your attorney on this one.
