my property has been foreclosed....and i am stuck with$30,000 line of credit?
i am thinking of filing for chapter 13 since i also have some credit card debt. is that going to look EXTREMLY bad having both of those marks on me? dont know what to do!!!
Asked By: Tysienna - 1/8/2007
Best Answer - Chosen by Asker
Your question should be a lesson to the rest of us as to why buying a house with little or no money down, or getting a home equity loan is a really bad plan. Sorry about your situation, not a lot of fun here... More
Answered By: KC - 1/8/2007
Additional Answers (9)
I have been told it has gotten harder to File Bankrupcy so Make sure you get a Good Laywer that deals with that kind of thing.
Answered By: flowwer_1371 - 1/8/2007
Check your Yellow Pages under Credit Counselling. You might get some great options there. Just don't give up!
Answered By: Smiley - 1/8/2007
if you cant pay the bills chapter 13 will be your best bet, its only gonna hurt you for what around 10 years or so on your credit
Answered By: Brent S - 1/8/2007
Move to Canada, the land of second, third, fourth and fifth chances!
Answered By: JoeCoolTrio - 1/8/2007
If you didn't have any other liens against your property, try for a deed-in-leiu. It makes it not look as bad on your credit. Not all mortgage companies will give you that opportunity. It depends a lot on why you got so far behind in your debts... More
Answered By: Sunny louise - 1/8/2007
If this is your only property and your source of residence no one is able to take it away from you.Believe me they tried it with me. However if you owe taxes on it . They can and will sell it at auction! So beware Always be sure your city & county taxes are paid!!!
Answered By: Ronald S - 1/8/2007
Ronald S is incorrect. They can and do take your property, rather it is your only place to live or not. It sounds like they have already foreclosed on you anyway... More
Answered By: kelly h - 1/8/2007
I did BK 2002. I now own my own home, my own car, and re-emerged fairly OK. It just takes about 2 years before you really can get back into the wing of things with creditors.
Answered By: JUSTFORFUN - 1/8/2007
check around fast and get to a good credit counselor ! Gooddddddddddddluck Tough times dont last but tough people do!
Answered By: judy b - 1/8/2007
Find job openings in your area. Apply for open job positions today.
$21/hr Start, Avg Pay $72K/yr Check Our Map of the 1700 Openings.
Are you the Beauty Expert in Your Group? Then Say Yes to Sell Avon!
New job opportunities added daily. Search & apply for DC jobs now.
Other Career Questions
What jobs are there in the business field that are night jobs? Places and job titles please. Im have a BA in Business Admin and looking for a night job, already have a morning/day job.
Enumerate these jobs Say, patent application writting. patent application writing. In a company, what jobs are needed to keep confidential?
Content is not owned or controlled by Monster. Any content concerns should be addressed with Yahoo!
Yahoo! Does not evaluate or guarantee the accuracy of any Yahoo! Answers content. Yahoo! Disclaimer.
Best-Paying Work-from-Home Jobs
It’s easier than ever to work from home. Of course, not every job is a mobile job, and some companies aren’t interested in having their employees work from home.
2013 Marketing Jobs Outlook
The US may be facing another year of anemic hiring overall, but that won't be the case in the high-orbit world of multichannel, digital media marketing.
2013 Engineering Jobs Outlook
Engineers will find job opportunities in select disciplines in 2013, with candidates who are all-around, client-oriented businesspeople in demand.
Best-Paying Jobs by Major
What could you earn with a particular four-year degree? Find out by checking out this list of the top-paying jobs for 20 of the most common majors.
Eight High-Paying, Secure Jobs
Want to earn a good salary and enjoy a measure of job security as well? Check out these well-paying jobs on tap for fast growth in the coming years.