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Foreclosure/bankruptcy

Foreclosure/bankruptcy

This is a discussion on Foreclosure/bankruptcy within the Mortgage Problems and Solutions forums, part of the Mortgage and Loans Forum category; I have two loans ( 1st and equity loans) on my primary home and every month we struggle to pay ...

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04-13-2008, 01:43 PM

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Foreclosure/bankruptcy

I have two loans ( 1st and equity loans) on my primary home and every month we struggle to pay for the mortgage. Should I foreclose on the home or file bankruptcy? How can I just walk away from the home and not have to deal with the deficiency of the loans and wage garnishment?

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foreclosure or bankruptcy

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