will it be better to foreclose or file bankruptcy?
2007-02-21 13:12:37 · 3 answers · asked by William O 1 in Business & Finance ➔ Renting & Real Estate
I help people in Foreclosure in Southern California. If the property forecloses, they can't touch anything else. You just might get 1099ed for the difference. If your property is in foreclosure in Southern California, let me know. I can help you.
Regards
2007-02-21 14:59:35 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Neither. If you can afford to build that house in Florida, you need to be mature and responsible and take care of that house in California. Why do you think that foreclosure or bankruptcy is some easy out for you, they aren't. Both carry long term problems on your credit report and future. Bankruptcy went through some changes recently, making it more difficult to file, which is good. Too many slackers were using that as a way out of their blunders.
2007-02-21 21:22:14 · answer #2 · answered by MadforMAC 7 · 1⤊ 1⤋
Nether let someone take over your note Advertise Just take over payments,But don't let it go into Foreclosure,or Bankruptcy,There are other ways to save your Credit !!! Just Talk to your Lender In person is the best.
2007-02-21 21:31:54 · answer #3 · answered by Anonymous · 0⤊ 0⤋