Marcella_Hern
New Member
I've come to realize that there's no way out of preserving my credit. I've lost my income and can't keep up mortgage payments. I have also built up a lot of credit card debt. I have read up on the different ways to settle with the lender but can anyone tell me what the advantage is of doing any of them (foreclose, short sale, deed in lieu) instead of doing a BK?
My main objective would be to save my credit but since this isn't possible in any of the methods of dealing with the lender, at least with a BK I can have a fresh start with no credit card debt. Right? Really appreaciate any advise at all. THANKS MUCH
My main objective would be to save my credit but since this isn't possible in any of the methods of dealing with the lender, at least with a BK I can have a fresh start with no credit card debt. Right? Really appreaciate any advise at all. THANKS MUCH
