Posted on: 15th Oct, 2010 04:16 am
I own a home as joint tenants with my father. We are both on the mortgage. We rent the home to a relative. We bought the home in Maine during 2009. The home has approximately $20k in equity. My primary residence is in Massachusetts and this home has approximately $20k in equity also. I am employed full time and and the mortgage payments are up to date. I am considering bankruptcy for high unsecured credit card debt. Can someone recommend which type of bankruptcy i should choose? Is it possible to keep both homes?
Thanks
Thanks
Welcome JMHLE,
It would be better if you could contact a bankruptcy attorney and discuss your situation with him. He will help you know which chapter of bankruptcy filing is best suited in your case.
It would be better if you could contact a bankruptcy attorney and discuss your situation with him. He will help you know which chapter of bankruptcy filing is best suited in your case.