I'm filing Chapter 7 because I was a real estate developer and guarantor on several multi-million dollar notes - all in foreclosure. Borrowed home equity to live; have to walk away from my home - worth much less than I owe.
I have almost no unsecured debt; don't owe a penny on credit cards - just two cars, one of which I will reaffirm.
I have some money in my future so I will be able to afford to lease a house. My question is, should I lease before or after I file. I can demonstrate income in the future; I am willing to lease after I file and incur the financial obligation.
Second question: what should I expect from my credit card companies after the filing. I'm not filing on them - have never been late on a payment over the last 10 years. My current Beacon score is over 800. What will they do?
Thanks in advance.
I have almost no unsecured debt; don't owe a penny on credit cards - just two cars, one of which I will reaffirm.
I have some money in my future so I will be able to afford to lease a house. My question is, should I lease before or after I file. I can demonstrate income in the future; I am willing to lease after I file and incur the financial obligation.
Second question: what should I expect from my credit card companies after the filing. I'm not filing on them - have never been late on a payment over the last 10 years. My current Beacon score is over 800. What will they do?
Thanks in advance.