If you have property and file bankruptcy, does it show on your credit foreclosure and bankruptcy?
Doe it show foreclosure and bankruptcy or just a discharge of your mortgage debt??? If so then what’s the use of filing bankruptcy. why not just walk a way from you properties.
Posted November 29th, 2009 in Bankruptcy Q And A. Tagged: doe, filing bankruptcy, foreclosure, mortgage debt.
If you walk away & the lender forecloses they will — in most cases — be entitled to a deficiency judgment. A Bankruptcy will discharge the debt.
November 29th, 2009 at 7:43 pm