June 16, 2011


The tumult in the European monetary zone is spreading concern among investors of a broader crisis in financial markets from Ireland to Spain.

The worry is that the worst case, a Greek debt default, would lead to damaging losses for European banks...

i understand that texas is an "Non-Judicial" state....however, does anyone have any experience with a foreclosure in texas where the bank has charged or sued for the deficiency between the sale and the mortgage amount???

i looked at the property value in zillow today...which...

Ok, here is the dilemma:

My wife and I will be filing Ch 7 on 10/4 of this year. We currently own 4 vehicles. 2 of the vehicles were purchased at the end of June with low monthly payments. The other two vehicles have high payments and will be surrendered/repossessed. We stopped paying...

Where will they figure in my 2009 taxes that are due?

I know they are a priority claim and have to be paid in full, which would make them secure, right?

I would like to surrender our home, but the deficiency would put us near 320,000 in unsecured debt nearing us to the...

Hello all,

I am in the process of short-selling some residential rental properties. The banks are willing to forgive the deficiency. I'm not sure yet, but I expect to be filing Ch7 in the next few months.

My question - If I short-sell the properties now, creating taxable...

Hi everyone. Just found this forum and have gotten a lot of information so far, but its still so mind blowing.

So...here is my situation.

I have a Condo which i bought and used to live in until i got married and moved in with my husband. Bought the condo in early 2007 and...

Hi everyone. Just found this forum and have gotten a lot of information so far, but its still so mind blowing.

So...here is my situation.

I have a Condo which i bought and used to live in until i got married and moved in with my husband. Bought the condo in early 2007...

What do you all have to say about which course to take, assuming you do not want to save the house?

1.) File bankruptcy before the non-judicial foreclosure sale.
2.) File bankruptcy after the non-judicial foreclosure sale and the deficiency judgment in entered. The deficiency...