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We are in the process of filing chpt 7 BK. We have a house that had a 1st and 2nd mortgage on it with no equity. After filing we could technically afford the house with $300+/- left over each month.
I want to keep the house my wife want to let it go. She is afraid that we will loose it because we both have medical issues that keep popping up.
The numbers I came up with show that if we keep the house the $300 would be about $450 at the end of the year after pay increases and the car paid off.
Would it be better to let the house go?
We are in the process of filing chpt 7 BK. We have a house that had a 1st and 2nd mortgage on it with no equity. After filing we could technically afford the house with $300+/- left over each month.
I want to keep the house my wife want to let it go. She is afraid that we will loose it because we both have medical issues that keep popping up.
The numbers I came up with show that if we keep the house the $300 would be about $450 at the end of the year after pay increases and the car paid off.
Would it be better to let the house go?
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