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16 August 2021 | 15 replies
You do not want to show ANY negative credit history or late payments after a bankruptcy.
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31 July 2022 | 53 replies
@Elijah WichersSounds like a recipe for bankruptcy.
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2 June 2021 | 2 replies
You should consult with a foreclosure/bankruptcy attorney.
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7 June 2021 | 17 replies
It's very hard to get into a position to NEED to declare bankruptcy.
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11 June 2021 | 6 replies
Other strategies for this are welcomed.At the end of the day the ultimate risk if I can't cover the mortgage is some form of bankruptcy and bank takes the property?
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2 June 2021 | 1 reply
Guaranteed he doesn't pay a dime, he will file bankruptcy and the owner will have to pay all these costs with no help.
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3 July 2021 | 0 replies
He filed for Chap 13 a few years ago (has one year left before discharge) so he won't be able to get a HELOC until 2 years after bankruptcy discharge.
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5 July 2021 | 16 replies
Bad deals waste time, waste money and not only don't produce profits but can lead to bankruptcy.
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14 July 2021 | 13 replies
At the end of the day you know your risk profile better than us, so pick an option you're most comfortable with trying (that won't end up in bankruptcy if it goes south) and as the saying goes, just do it.
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7 July 2021 | 0 replies
He filed for Chap 13 a few years ago (has one year left before discharge) so he won't be able to get a HELOC until 2 years after bankruptcy discharge.