Re: foreclosure or Bankruptcy

Posted by NJD on May 27, 2008 at 06:53:28:

In Reply to: foreclosure or Bankruptcy posted by Don on May 26, 2008 at 10:49:57:

There will be consequences for any action you take...

Bankruptcy could be a magic umbrella ... unless any of the loans were made based upon false info... in which case the lender might explore other measures.

Bulk short sales could expose you to substantial tax consequences.

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