Bankruptcy might not be an option
With the new BKCY laws I am not sure if BKCY is an option. I think that the new laws state that if the family makes more than 60k that they have to file a Chapter 13 in which case we would have to pay it back and keep the house. I will definately look into this...
Hello. I need to find information regarding Divorce and having negative Equity in our home. What do we do? We have around 30k or more of negative equity in our home, largely due to refinancing and exaggrerated appraisals for those refi's. Neither my wife nor I want to stay in, or can afford to...