Financial Challenges Support Group
This community is for people who are struggling to meet financial obligations of any kind. Financial challenges include everything from the day-to-day challenges of making ends meet to managing credit card debt to bankruptcy. Get support from others who are going through similar obstacles on the road back to financial stability.
We have decided to file bankruptcy in February, which is the soonest we will have the fourteen hundred dollars it takes to file it. I am tired of worrying about all these bills I can't pay. Tired of laying awake at night worrying about it.
We are two payments behind on our mortgage and were working with the resolution team at First Frankin to bring it current. This morning I found a huge crack in the bathroom, from the sink on up, accross the ceiling. Now I am wondering if we should just let the house foreclose and then include it in the bankruptcy. I just don[t see where if this house has a crumbling foundation, and walls are cracking that it is worth what we owe. We have absolutely no equity in it.
Any input??
We are two payments behind on our mortgage and were working with the resolution team at First Frankin to bring it current. This morning I found a huge crack in the bathroom, from the sink on up, accross the ceiling. Now I am wondering if we should just let the house foreclose and then include it in the bankruptcy. I just don[t see where if this house has a crumbling foundation, and walls are cracking that it is worth what we owe. We have absolutely no equity in it.
Any input??
deleted_user
One thing that I learned about foreclosures is that you still have to pay them back. And you lose the house. Not a good idea if you can help it.
deleted_user
you know i have found out alot about bankruptcys.. and foreclosures.. just cause u have a foreclosure on your record doesnt mean u cant get another mortgage.. i ve seen it done many times here in ohio.. and how in the world they do it.. beyond me.. do whatcha gotta do and move on.. file bankruptcy.. loose the house.. and then when it is discharged get another house
Join the Conversation
-
theatre and I are there already. I'm having a very berry tea with crackers, cheese and cherry tomatoes and she's having a joint with some beer and we're both on really comfy recliners on thick pile carpet. we need some help with the decor if anyone is around??
-
I'm trying to exercise daily. I was doing fairly well until I sprained my ankle 2 weeks ago but now I'm getting back on the horse. Today I walked over a mile with my arm weights that are about 22lbs total. I was out of shape and it was hard on my arms. I also did my 30 situps. I'm also going to drink a lot of water and try to eat healthy. I do tend to have a sweet tooth but I'm cutting...
