- Jurisdiction
- Pennsylvania
Hey guys i'm new to the forum! My mother is in a tight situation but wondering what's the worst outcome.
My father passed five months ago and she is not able to afford the house by herself, the county just raise the house tax again by 3%, and he did not leave any income behind for anybody to use.
Another bad part is, she had to get a 2nd load modification to save the house a few years ago due to domestic issues which now the loan balance is over $30,000 from what the house is worth. So if she was to sell it, she is not able to walk away free & clear!
If she was to walk away and leave the house, What's the worst thing that can happen to her? Can the bank seize her bank account after awhile?
She did file Chapter 7 bankruptcy two years ago but it was to clear her credit debt from my father maxing out credit cards on joined accounts, her credit is now in great shape finally! As far as i know, she not able to file Chapter 7 bankruptcy until seven years after she filed first one from what i was told?
Any advice is appreciated. Thanks
My father passed five months ago and she is not able to afford the house by herself, the county just raise the house tax again by 3%, and he did not leave any income behind for anybody to use.
Another bad part is, she had to get a 2nd load modification to save the house a few years ago due to domestic issues which now the loan balance is over $30,000 from what the house is worth. So if she was to sell it, she is not able to walk away free & clear!
If she was to walk away and leave the house, What's the worst thing that can happen to her? Can the bank seize her bank account after awhile?
She did file Chapter 7 bankruptcy two years ago but it was to clear her credit debt from my father maxing out credit cards on joined accounts, her credit is now in great shape finally! As far as i know, she not able to file Chapter 7 bankruptcy until seven years after she filed first one from what i was told?
Any advice is appreciated. Thanks