Will you allow a lender to foreclose on you and force you to move and rent or would you file bankruptcy to reorganize your debt and let you stay in your home ?

Stock market is prime for profit takers to break the bank in short order, while housing has latency that will give one time to evaluate and reorganize. 

They have re-organized and I sat down with the new leasing agent and she's on top of her game. 

for example, I have read that some people have to file bankruptcy to reorganize debt.

Hi Evan, (I'm local in Morgantown and started to reorganize an investors group here).

A lender has the right to file for relief and will be granted that relief if the asset is not necessary for effective reorganization of the borrower's financial position.

A person or entity in BK is not allowed to dispose of assets just prior to or during any BK, if they do then proceeds are subject to the rights of creditors, it's best for the owner to wait until after the BK is discharged, but even then, usually, specific liens will will still remain.General liens may be discharged through BK, as they may be reorganized but they may be allowed to remain as judgments against the property.

There was no additional amount owed until the property is demolished, then an additional lien will be attached for the demo costs.1)  in a chapter 13 bankruptcy, which is federal so it applies all over the states, this is called a reorganization of debt, also known as a payback plan.

Thanks I reorganized the pictures to walk through the home.  

Please be patient with us while we reorganize and rebuilt a new and improved KCIG.