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Foreclosure without filing BK?

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    Foreclosure without filing BK?

    Where to start, Hi I am Kat and I need to move.
    Sounds like a aaa meeting but for home owners?

    1 year on the market and now a home with negative equity I want to give up and never look back.

    I do not want to refinance I just want to move!

    Having some health problems (lupus) and would like to quit working.
    No I must stop working and take care of myself and stop stressing!
    My doctor said the stress is too much and I must stop working for awhile and just move!

    Doctors orders.

    Plus with just my husband income we will have to downsize.
    Right now we are not behind on our mortgage but without selling our home we feel we are stuck here, unless we walk away!

    Can we just give the keys back to the bank and go?

    We have tried so very hard to sell this place, thousands of dollars in upgrades, beg the bank to do a short sale> he laugh at me while I was crying!

    I know our credit will be ding but that’s the least of my worries right now!

    Here is our dilemma, my brother has a very nice mobile home in a great park he needs to sell and we have enough cash to buy it right out.

    I know the bank could sued us but could they take our new place, our primary home that’s paid for (mobile home) we would not own the land? Would they even know we bought another place if it’s out of state?

    Talk to an lawyer but since we don’t plan on filing BK he couldn’t offer much advice. He did say he doubt if any banks would be sueding right now, because of all the filing fee’s and time it takes.

    Just so tired of dealing with this!
    Do you always have to file a BK after a foreclosure?

    Anyone?????

    So tired of dragging myself to work everyday for a stupid house! Just tired!

    Just want someone to tell me we will be ok!

    Don't know anyone who has had to deal with a Foreclosure.

    I feel it will still be stressful with phone calls from the bank wanting their money?

    #2
    what state are you in?

    is the mortgage in both yours and your husbands names?

    if so anyway to pay your brother for the motorhome and leave it in his name...perhaps have him sign the title over, but never file it...

    Depending on your state and it's exemptions the trailer might be vulnerable to collections...

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