Investment properties, let them go and avoid deficiency

[jonance]

Has anyone else on the board used primarily non-consumer debt (via investment properties) to let their investment properties go and avoid a deficiency? That is my situation and i'm not sure what to do. I shouldn't have to pass the means test, but i would likely have disposable income. Anybody have a similar experience?

[HHM]

It is a common tactic; so long as your combined debt from the investments properties exceeds your personal debt (including your mortgage), you may file a non-consumer chapter 7 BK and by pass the means test.

[frogger]

That's what I'll be doing. Got a couple of million dollars worth of property that I'm going to be giving back. Goodbye and good riddance.