We are thinking about filing bankruptcy. The only thing that worries us is our house, we would like to keep it. We just re-mortgaged it to pull out some money to try and satisfy some of our creditors and avoid a bankruptcy, but that didn`t work. So now we really don`t have any equity to speak of.
edmonton bankruptcy and impact on house
posted by Questions @
1 Expert Comment:
At March 17, 2009 |
9:12 am
, Barton Goth, Trustee in Bankruptcy Said...
As long as you have less than $40,000 equity in the property, are up to date on your mortgage payments and can continue to make your mortgage payments, then you shouldn’t have any difficulties keeping the property.
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