Recent content by John Scott

What is the name of your state? Indiana I'm about to be foreclosed on. I've relocated for my job and have not been able to rent the house at even close to a break even price. I think I paid 15-20k too much for the house based on market analysis from Real Estate agents. I'm letting GMAC take the...

What is the name of your state? Indiana I'm being foreclosed on my money pit (aka house). I realize my credit gets trashed, etc.... but is that it? Am I responsible for property tax until someone the bank sells the house at auction. What about any liabilities from something that may occur when...

RE: Why am I fighting filing Many reasons, Pride, wishful thinking, etc.... Seriously though, If I can avoid a Chap 13 I'd like to. I've found a foreclosure on the credit rpt is bad, but if you keep current with other bills it takes the edge off. If my employer ever gets out of Chapter 11, I...

What is the name of your state? Colorado Due to health problems and paycuts (I work for an airline) we have about 40k in cc debt. We already lost the house in foreclosure(when we lived in Indiana), but were hoping to avoid a BK as well. Anyhow we have about 20k in 401k's. If we go Ch 13 will we...

What is the name of your state? Indiana I was foreclosed on about a year ago. I have managed to keep my other accounts current and avoided Ch 7 or 13. Now I get hit with a deficiency lien and see no option but a Ch 13. My question is "Because this derived from a secured loan (ie mortgage) will...