Due to permenent disability which occurred 2 years ago I can no longer afford my monthly mortgage. Normally I would just sale my home but my house in Las Vegas is currently about 0,000 up side down and I do not have that kind of cash to make up the difference. I have spoke to the lender (Chase) in length and the only thing that they are offering is temporary solutions so I know that I will have to move. Luckily I have a excellent family support system that will allow me to live within the confines of my limited disability income. but I’m concerned about the mortgage company harassing me for the mortgage deficiency, so should I file bankruptcy now or wait until I’m out and wait for the bank’s deficiency judgement? Please understand that I have always been responsible with my financial responsibilities but I did not choose to get sick, so I’m trying my best to play with the cards that have been dealt to me! Thank You.

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or should bankruptcy be filed after filing for disability? My friend is absolutely broke and jobless due to manufacturing no longer existing in the states. He has traveled to several states just to get contract work and that costs him a lot of money each time. Now he has a medical condition but fears applying for disability. His main concern is debt and I told him I’d ask around. Can the debts be wiped out if he qualifies for disability and he goes BK? OR can they get paid back from any disability income? Thanks.
This is no way an attempt to defraud anyone or anything. If someone can’t work and has a legitimate claim, what can you do if you can’t pay bills?

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