We had to file chapter 7 bankruptcy because of high medical bills from myself sliding off the roof which was supposed to be covered for 30 years.We reaffirmed the mortgage debt and are still paying it but the house has become a health hazard. Can anyone please help?
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.
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.
In Jan. 2008 I filed Ch. 13 in a frantic attempt to keep my home. In the end, I ended up losing the property due to raising ARMs. I am still in the Ch. 13 and am wondering if I couldn’t switch to a Ch.7 instead? If I do switch to a chapter 7 can my mortgage debt be included in the Chapter 7 or can they go after the co-signor at that point?
Due to 2 divorces, and 2 surgeries that weren’t covered by insurance, I am about ,000 in debt to credit cards, , 000 in student loans, and that doesn’t even count my mortgage debt. I am in need of major financial help, but I don’t want to file bankruptcy? Just wondering what other alternatives are out there.
I live in Michigan and need to file bankruptcy. However, even doing that costs money that I really don't have. I know that I can file it myself and save on lawyer fees, but I don't know how hard the paperwork is to do.
I don't own any real property, nor do I have any mortgage debt. I currently do not have any income – I'm going to school. Mostly its credit card and various other stuff thats almost 5-8 years old now.
Has anyone done this before? And how difficult was it?
Or if I should pay to have it done, does anyone know of a low cost way to go?
Thanks ahead of time!
The debt amount is around ,000