Hello,
We filed bk in 8/10 and still going back and forth with the trustee to confirm a plan. I think we are FINALLY getting close to having our most recent plan confirmed. My question is, since there is a provision in this new plan, that we will turn over the non exempt portion of our tax refund for the next 5 years to the trustee, does it make sense to foreclose on our house, as we are upside down on it and it needs a lot of cosmetic work.
If we do foreclose on our house, what are the chances of someone renting to us?
Thank you!
We filed bk in 8/10 and still going back and forth with the trustee to confirm a plan. I think we are FINALLY getting close to having our most recent plan confirmed. My question is, since there is a provision in this new plan, that we will turn over the non exempt portion of our tax refund for the next 5 years to the trustee, does it make sense to foreclose on our house, as we are upside down on it and it needs a lot of cosmetic work.
If we do foreclose on our house, what are the chances of someone renting to us?
Thank you!
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