Thinking About Letting Your House Go Back To The Bank? Why Filing Bankruptcy First Might Be A Good Idea
Even though a lot of areas are slowly recovering from the housing market crash in 2008, there are a lot of homeowners who are still upside down in their mortgages with no hope of recovering their lost property values. That's forcing a lot of people to make some hard choices, which may include walking away from their mortgage and property. If you're considering this option, learn more about how filing for bankruptcy can affect your situation.