Recent content by julie295

I found the 15,000 on a website about Missouri bankruptcy law. We guessed on the value of the home based on recent sales in the neighborhood. If it is worth less than that it is better for us, right? How do they determine the worth of a home in this process, do they run comps like when you...

So...if our house is worth approx 255K and we owe about 219K...what does that mean? Thanks for the help~

What is the name of your state? Missouri We are considering filing chapter 7 due to a 29,000 debt from a foreclosure on rental property gone bad. Will we lose our house in the process? We are confused about exemptions...MO law says only 15,000 of a homestead is exampt...does that mean we lose...

What is the name of your state? Missouri We owned several apartment buildings and several of them were foreclosed upon over the last year or so. We just got served with papers from one mortgage company trying to collect on the difference between what we owed and the sale price of the property...