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Posted by NJD on May 12, 2008 at 06:05:46:
In Reply to: Flip or walk posted by Moving on on May 11, 2008 at 20:58:43:
You and the soon-to-be ex need a plan. I think you should hire an appraiser, or meet with a real estate broker to determine the as-is value of the real estate, and then meet with a bankruptcy attorney.
Once you consider your choices, including potential short and long term credit consequences you'll have a plan, and won't be scared.