Category : Financial & Legal Services Posted : 07/01/2016 Price : Check with seller Location : Spring Valley(New York)
Stop Springfield foreclosure with all your might. When it is clear that other options will not work for one reason or another, or you have decided that you do not want to keep your house anymore and you want to stop making the mortgage payments forever, you can surrender or give back your house to the bank and file a Chapter 7 Bankruptcy. With this type of bankruptcy, which many people will qualify for, your bank is listed on your bankruptcy petition as a creditor and you also state your intention to surrender the house back to the bank and upon receiving a discharge in your Chapter 7 Bankruptcy case, you will no longer owe your bank any money. For many people who have simply had it with making big mortgage payments for a house that has dropped in value due to the recent economic climate, this option can be best for getting out of enormous debt and getting a fresh start.