Which is the lesser of two-evils? (Lien-related question)

anonymuse

Senior Member

Bankruptcy Tutor

Joined: Apr 2006

Posts: 1781
#1

Which is the lesser of two-evils? (Lien-related question)

09-15-2006, 04:00 PM

I have a lawyer coming after me for back home owners association fees (something that is not dischargeable in Colorado) and wants to put a lien on my house.

To me, I'm almost ready to not say squat about my pending BK to them and let them do it. My reasoning is that any lien becomes more secured debt and takes away more equity in my house (which is borderline with exemptions). I know it stinks on the credit report, but that's the least of my worries right about now.

Your thoughts?

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Credit Hater

Senior Member

Bankruptcy Newbie

Joined: Dec 2005

Posts: 169
#2

09-15-2006, 06:14 PM

Very smart thinking. Do it, especially if you don't care about your credit score.

When it all boils down to it, its just numbers! Your credit score, your interest rate, your bank account, and your net worth if you're fortunate enough to have one......is your happiness really defined by numbers?
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