Have been reading here and trying to figure out what to do. I saw one lawyer yesterday but my mind was wandering and the information was a lot to take in. I will be seeing a few more, at least.
I don't have any interest in keeping my house, bf is buying a house soon so we will have a place to live. I am current as of now, I am going to stop making the payments, but I'm still confused, will the mortgage be discharged in a 7? I don't need to try and get it to foreclosure do I?
Also have a 2nd mortgage with my credit union, payment isn't due for 3 months and I don't plan on resuming. CC somehow got put on autopay after it hadn't been for 6 months, so this month got paid but I won't be paying again.
I guess my plan is stop paying everything, save up to pay a lawyer and in 3-6 months I will file. My main income is social security which I know is exempt. I can save however much I can and not have to worry about that, right? It will not even be in a bank account, more like a SS account. I do have a job that basically pays for mine and my daughter's health insurance so not much addition to the income.
The lawyer I saw says my car can be kept even though it is probably worth more than twice the exemption (2500 in UT), we would go to an auctioneer and get a value and then if there is still a difference I could pay the trustee. Does this sound like something that is normally done? I really don't want to lose my car since it is paid off.
I don't have any interest in keeping my house, bf is buying a house soon so we will have a place to live. I am current as of now, I am going to stop making the payments, but I'm still confused, will the mortgage be discharged in a 7? I don't need to try and get it to foreclosure do I?
Also have a 2nd mortgage with my credit union, payment isn't due for 3 months and I don't plan on resuming. CC somehow got put on autopay after it hadn't been for 6 months, so this month got paid but I won't be paying again.
I guess my plan is stop paying everything, save up to pay a lawyer and in 3-6 months I will file. My main income is social security which I know is exempt. I can save however much I can and not have to worry about that, right? It will not even be in a bank account, more like a SS account. I do have a job that basically pays for mine and my daughter's health insurance so not much addition to the income.
The lawyer I saw says my car can be kept even though it is probably worth more than twice the exemption (2500 in UT), we would go to an auctioneer and get a value and then if there is still a difference I could pay the trustee. Does this sound like something that is normally done? I really don't want to lose my car since it is paid off.
341 on September 23 
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