Posted on: 01st Feb, 2010 11:10 am
i have a mortage, current, with no escrow account. i pay my property taxes. i am considering filing bankruptcy for my credit cards. my understanding is that a bk custodian will be the one paying my mortage pymt, taxes and credit cards with what is taken out of my paycheck each month. once the br plan is satisfied, will the mortage company place an me in to escrow since i went thru bk?
they shouldn't. did you think of possibly consolidating your debt through a refinance? bankruptcy should be a last resort.