Re: Please Help!!! What options do we have in MI
Posted by NJDave on February 12, 2006 at 16:09:25:In Reply to: Please Help!!! What options do we have in MI posted by Jamie on February 12, 2006 at 10:48:55:
Without knowing the extent of your unsecured debt...you might consider a Chapter 7 and walk. Start fresh.
If you decide to walk away... you could, after declaring bankruptcy, offer a deed in lieu of foreclosure to your lender..in exchange for minimalizing the damage to your credit report. I wouldn't pay the property taxes. They'll be paid by your lender.
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Comments:: Without knowing the extent of your unsecured debt... : you might consider a Chapter 7 and walk. Start fresh. : If you decide to walk away... you could, after declaring bankruptcy, offer a deed in lieu of foreclosure to your lender..in exchange for minimalizing the damage to your credit report. : I wouldn't pay the property taxes. They'll be paid by your lender. Optional Link URL : Link Title : Optional Image URL: