Can you record liquidation and affix a foreclosure on it. or is a foreclosure primarily alike entry...? can you do both? meaning can you wallet the foreclosure and then
can you do both? meaning can you wallet the foreclosure and then tag on it to the bankruptcy as a loss? or am i contained by debt purgatory?
Answers:
From my experience, when you have a foreclosure it is in recent times one of those things that haunts your credit for abundant years. You will not be expected to eventually pay that money put a bet on, because the bank will bear the house and sell it to verbs their losses. Your credit is screwed, my friend, but if you slowly work on your credit over the next few years, you could be support in a clad position.
A bankruptcy and foreclosure are complety diffrent,you can shift thru both at the same time if you enjoy filed for liquidation no one can foreclose while you are involved contained by the bankruptcy.
It sounds resembling you would be best just file bankruptcy and including the house within the bankruptcy, thus zilch else would be owing. I don't see any point in foreclosing on the house and afterwards filing. Might as capably do it all at once
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