Voting Question: Is filing bankruptcy as scary as it sounds?

I can not afford where I are currently living. I originally bought this house 3 years ago. My wife died in 2006, we had no insurance on her. The payments are to much for me alone.

I have been approved for another loan. I know all about it ruining my credit but can I keep a new house if I do buy another and let the one I am currently in go thru foreclosure?

I can not sell it due to the current market and location of this doublewide. There is no equity in this Doublewide.

The payments are current at this time, and that is why I applied for another loan and was approved.

Would I be able to keep the new house without fear of it being took etc?

I have tried over the past year to sell this, etc. and it will not sell. I have spoken with the bank, and tried to get a refinance to lower payments, with no results.

I have found a house I can afford, and at the same time try to save my emotional self by no longer living in this house where she died.

Can I do this or not?

Voting Question: can debtor spend his money before credit card co. gets judgement in court?

in fl. proceeds from reverse mortgage was in bank account and spent by debtor. credit card co. is now putting judgement against debtor, but there is no money left from the reverse mortgage equity loan. what can creditor do? the debtor did not have judgement on him when he spent the money

Voting Question: Is filing bankruptcy as scary as it sounds?

Our private student loans are KILLING us. We can not make ends meet anymore. There is not a lot of credit card debt, less than 2k, but our car payment is high too because of negative equity from previous vehicles. The government student loans have been consolidated and aren't too bad. Is bankruptcy the only option?

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