Taylor Style Network

If you’re behind on your mortgage and a foreclosure is looming. You should probably speak with a bankruptcy attorney and see if you’re eligible for release Chapter 13. This will let you catch up on your payments and save the house. But should you? If you owe more on your house than what is worth he’ll have to spend a lot of money to catch-up and at the end you won’t have anything to show for it. If your house is in very poor condition it’s probably best to file chapter 7 and walk away from it. Then you won’t have to come up with the money for all those repairs. If you file chapter 7 get out from under that ball and chain and throw in all your unsecured credit cards after about six months you could end up debt free. If you’re in the situation trying to hang on is probably the worst thing you can do.