Unsold House
We bought a home two years ago. Now we need to sell it before the end of the year. We had it on the market since March, the asking price is enough to cover the loan, we wont be making any money on the sell of the house. So far no takers. We live in Denver and the Real State market has gone flat in the past year. If the house does not sell by November it may have to go into foreclosure. If this happens we are contemplating BK since our credit will be ruin by the foreclosure. My husband is military retired and gets a military pension, I have being on disability for the past 3 years due to cancer and multiple surgeries. We are moving out of state due to health problems, we are in our late 50s and can not afford to put off the move until the house sells. Any opinions on this?
Answer:
There's really no way to advise you without a detailed review of your finaicial situation; the information you provide just isn't enough for this. I *strongly* recommend speaking with an experienced consumer bankruptcy attorney. He or she can obtain this information and let you know how your should proceed. There's really no way to advise you without a detailed review of your finaicial situation; the information you provide just isn't enough for this. I *strongly* recommend speaking with an experienced consumer bankruptcy attorney. He or she can obtain this information and let you know how your should proceed.
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