DEBTS
Posted by Marilyn on February 28, 2008 at 11:02:33:
My salary (retirement + SSA) does not cover my house pmt. plus medical bills & everyday expenses so I have been using my credit cards to make up the difference. However, I am tapped out on my credit cards. In the future I'm not going to be able to make my house pmts so my plan is to contact the mortgage co. to see if they can restructure my loan. If they refuse, I plan to go into foreclosure, then two weeks before the foreclosure is complete file for bankruptcy, then wait for an eviction notice. All of these things take time which will allow me to stay in my home as long as possible. I thought I would take some money saved from not making a hse. pmt. & pay off the credit cards. Questions: Would it be better not to pay the credit cards as they will give me justification for filing bankruptcy? I am disabled & I get SSA. Can SSA be garnished? Do you see any flaws in my plan to stay in the house as long as possible?
Follow Ups:
- Re: DEBTS - Julio Martinez-Clark 11:24:20 02/28/08 (3)
