Comments on: Should You Save Your Home from Foreclosure, or Should You Let it Go

By: BankruptcyBill.us » Blog Archive » BLT (Bankruptcy Lawyer Topics): “Negative Equity” – by Matt Leichter, Esq.

Fri, 30 Jul 2010 18:06:13 +0000

[...] Should You Save Your Home from Foreclosure, or Should You Let It Go? [...]

By: Jeff Kelly

Jeff Kelly — Thu, 17 Jun 2010 23:52:57 +0000

In Georgia, if the house is the only debt problem and you want to surrender the house back to the mortgage company, it might be best to let the house get foreclosed without filing Chapter 13 or Chapter 7. In Georgia, for a mortgage holder to collect on a foreclosure deficiency, the mortgage holder must file a confirmation of foreclosure within 30 days of the foreclosure. Most of the time they never file.

By: Bankruptcy

Bankruptcy — Thu, 17 Jun 2010 09:08:25 +0000

Dear Jonathan, I totally agree with your views about “Should we”. If the client came to the bankruptcy lawyer just in time, it makes easy for a bankruptcy lawyer to make the most out of the chapter 13 bankruptcy. It is not always good to file for a bankruptcy but there is no other options left for the debtor in the end. I like all things piked and would try to come here time and again for more updates. Great Job!