Compare Mortgage Quotes

Refinance Rates for Today

Please enable JavaScript for the best experience.

In the mean time, check out our refinance rates!

Company Loan Type APR Est. Pmt.

Should I also file bankruptcy?

Posted on: 27th Jun, 2012 12:45 am
I live in Michigan, Discover Bank hired lawyer to sue me for 2200.00 credit card debt. They were successful and a judgment was entered against me. The law firm has my financials, knows I am essentially uncollectible as I have no assets except my house. I owe 53,000.00 on mortgage. They have sent a summons to my mortgage company for any records and information on my account. I received a letter from them saying I would have to provide a court order to stop it. I co-own the house with a friend who is not my spouse or family member. Can anyone tell me what exactly is happening? I am about 20,000.00 in debt. I have no way to pay for it but should I also file Chapter 7?
Hi Porche,

I will suggest you to contact a real estate attorney and take his opinion in this regard. They can't demand information from your mortgage company.
Posted on: 27th Jun, 2012 01:02 am
hi porche!

welcome to forums!

you may consider filing bankruptcy. you can contact a bankruptcy attorney and take his opinion regarding your situation.

feel free to ask if you've further queries.

sussane
Posted on: 27th Jun, 2012 08:42 pm
I also think that you may file bankruptcy on this manner of your and it is better to consult bankruptcy attorney because they cab provide you proper guidance and advice.
Posted on: 03rd Jul, 2012 01:06 am
Page loaded in 0.113 seconds.