I need suggestion on what to do about 2 property foreclosure?
May 14th, 2010 by admin
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5 Responses to “I need suggestion on what to do about 2 property foreclosure?”
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Your credit is already shot, but you need to protect your self from any other creditors,like the government, you need a lawyer now..Bankruptcy is an option but note that they have changed the rules,now you just don’t walk away,they have you restructure and have a pay back plan, you need legal help now.. Good luck please take my advice.ok
Bankruptcy won’t stop the foreclosure. Best to talk with your bank, on the house, that is on the brink of foreclosure,
Maybe a financial planner could help organize your debts so you have enough to pay the mortgage. Did you talk to the mortgage holder (bank) to see if you could rewrite you mortgage for a longer term to get a lower payment and consolidate your other debt into your mortgage. If you have no equity in your home and a lot of deb may backruptcy is the answer.
lawyers will steer you into a foreclosure bankruptcy and cost you money you can ill afford. Always talk to the bank first but before you do, make sure you have a plan of what you can offer them.
try this site
here you can request a free attorney consultation by phone or in person.