Here is my scenario:
I can rent the house & $2000 out of pocket to keep the 1st mortgage (trustee sale pending)
Can I file BK 7 and get rid of 2nd mortgage & some CC debt??
Basically rent out the house for couple years with only 1st mortgage then sell the house??
The 1st mortgage is about $50k above the house value..
Thanks!
Andy
I can rent the house & $2000 out of pocket to keep the 1st mortgage (trustee sale pending)
Can I file BK 7 and get rid of 2nd mortgage & some CC debt??
Basically rent out the house for couple years with only 1st mortgage then sell the house??
The 1st mortgage is about $50k above the house value..
Thanks!
Andy