We have decided we must file chapter 13. I went to an attorney here in California and he scared me with his crooked ways more than anything. Needless to say I am meeting with a new attorney on Friday.
We owe 300,000 on a first mortgage arm
We also owe 46000.00 on a second arm
We have 3 vehicles one 2006 Ford Suv, 2007 truck and a chevy 2006 which we are now late on payments.
We also owe aprx 18000.00 in credit cards.
I went through a job change which didn't work out and and now I am making 5.00 less per hour than before. Plus I have to travel a min. 80 miles per day to work.. All this and personal screw ups have lead us here.
We have decided to surrender the house and if possible the chevy but I have been reading about something like if your truck isn't old enough you have to keep it. I am confused and what happens to the second since the amount on the first is even more than the property is worth.
Sleepless nights sickening stomachs and no answers can anyone help me until I get to the attorney on Friday..
We owe 300,000 on a first mortgage arm
We also owe 46000.00 on a second arm
We have 3 vehicles one 2006 Ford Suv, 2007 truck and a chevy 2006 which we are now late on payments.
We also owe aprx 18000.00 in credit cards.
I went through a job change which didn't work out and and now I am making 5.00 less per hour than before. Plus I have to travel a min. 80 miles per day to work.. All this and personal screw ups have lead us here.
We have decided to surrender the house and if possible the chevy but I have been reading about something like if your truck isn't old enough you have to keep it. I am confused and what happens to the second since the amount on the first is even more than the property is worth.
Sleepless nights sickening stomachs and no answers can anyone help me until I get to the attorney on Friday..
Comment