Does the BK on your Credit report show how much you BK ($ wise) or does it show just that you went BK ? I am just curious about this ...
it's looking like we will have to BK our CC ($140K) and our 2 mortgages ($106K & $330K) on our house. I at first thought we'd keep the house but have since realized we can't afford it - esp after the inevitable divorce. so might just as well include it in the BK since we owe more than it is worth right now - not that it would sell anyway.
so does the overall amount really matter ... within reason of course - I mean is $150K bk the same on your credit as a $400K bK ??? again just curious?
also does adding the house make it 'worse' in the long run when trying to rebuild credit and buy a house in years to come?
I am just sick over this realization ... I could puke at anytime. We built that house ourselves - 12 years ago - and I mean we did everything ourself - nothing hired out and it will just be gone and abandoned here soon =( .
strange where you can find yourself
it's looking like we will have to BK our CC ($140K) and our 2 mortgages ($106K & $330K) on our house. I at first thought we'd keep the house but have since realized we can't afford it - esp after the inevitable divorce. so might just as well include it in the BK since we owe more than it is worth right now - not that it would sell anyway.
so does the overall amount really matter ... within reason of course - I mean is $150K bk the same on your credit as a $400K bK ??? again just curious?
also does adding the house make it 'worse' in the long run when trying to rebuild credit and buy a house in years to come?
I am just sick over this realization ... I could puke at anytime. We built that house ourselves - 12 years ago - and I mean we did everything ourself - nothing hired out and it will just be gone and abandoned here soon =( .
strange where you can find yourself

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