Ivy Gate massacre

[gracie]

I noticed that someone in this community filed for bankruptcy….What does that do? Can you still lose your home? Or by filing bankruptcy does that protect you from losing your home?

[Aecetia]

Not my thread, I just had some opinions about 4S. I live in another fire prone area and will evacuate if the next fire gets close enough. I think most of the County is vulnerable and the areas that are next to national forest or brush that has not burned in several years will eventually burn during the next round of fires. It is just the law of probability.

[Aecetia]

Not my thread, I just had some opinions about 4S. I live in another fire prone area and will evacuate if the next fire gets close enough. I think most of the County is vulnerable and the areas that are next to national forest or brush that has not burned in several years will eventually burn during the next round of fires. It is just the law of probability.

[Aecetia]

Not my thread, I just had some opinions about 4S. I live in another fire prone area and will evacuate if the next fire gets close enough. I think most of the County is vulnerable and the areas that are next to national forest or brush that has not burned in several years will eventually burn during the next round of fires. It is just the law of probability.

[Aecetia]

Not my thread, I just had some opinions about 4S. I live in another fire prone area and will evacuate if the next fire gets close enough. I think most of the County is vulnerable and the areas that are next to national forest or brush that has not burned in several years will eventually burn during the next round of fires. It is just the law of probability.

[Aecetia]

Not my thread, I just had some opinions about 4S. I live in another fire prone area and will evacuate if the next fire gets close enough. I think most of the County is vulnerable and the areas that are next to national forest or brush that has not burned in several years will eventually burn during the next round of fires. It is just the law of probability.

[Eugene]

As far as I know, filing for bankruptcy temporarily stops the foreclosure process and allows you to get back on track with your mortgage payments. Mortgage debt is not wiped and bankruptcy courts can’t modify loan terms (e.g. reduce the amount owed). All that happens is that you’re not kicked out while your case is decided, and then you get a second chance.. If you’re behind on your payments, you can work out a 3-5 year repayment plan.

Obviously does not do you much good (long-term) if you got yourself in an option ARM or your monthly payment is 60% of your net income. But if you’re a responsible buyer, there’s light at the end of the tunnel.

[Eugene]

As far as I know, filing for bankruptcy temporarily stops the foreclosure process and allows you to get back on track with your mortgage payments. Mortgage debt is not wiped and bankruptcy courts can’t modify loan terms (e.g. reduce the amount owed). All that happens is that you’re not kicked out while your case is decided, and then you get a second chance.. If you’re behind on your payments, you can work out a 3-5 year repayment plan.

Obviously does not do you much good (long-term) if you got yourself in an option ARM or your monthly payment is 60% of your net income. But if you’re a responsible buyer, there’s light at the end of the tunnel.

[Eugene]

As far as I know, filing for bankruptcy temporarily stops the foreclosure process and allows you to get back on track with your mortgage payments. Mortgage debt is not wiped and bankruptcy courts can’t modify loan terms (e.g. reduce the amount owed). All that happens is that you’re not kicked out while your case is decided, and then you get a second chance.. If you’re behind on your payments, you can work out a 3-5 year repayment plan.

Obviously does not do you much good (long-term) if you got yourself in an option ARM or your monthly payment is 60% of your net income. But if you’re a responsible buyer, there’s light at the end of the tunnel.

[Eugene]

As far as I know, filing for bankruptcy temporarily stops the foreclosure process and allows you to get back on track with your mortgage payments. Mortgage debt is not wiped and bankruptcy courts can’t modify loan terms (e.g. reduce the amount owed). All that happens is that you’re not kicked out while your case is decided, and then you get a second chance.. If you’re behind on your payments, you can work out a 3-5 year repayment plan.

Obviously does not do you much good (long-term) if you got yourself in an option ARM or your monthly payment is 60% of your net income. But if you’re a responsible buyer, there’s light at the end of the tunnel.

[Eugene]

As far as I know, filing for bankruptcy temporarily stops the foreclosure process and allows you to get back on track with your mortgage payments. Mortgage debt is not wiped and bankruptcy courts can’t modify loan terms (e.g. reduce the amount owed). All that happens is that you’re not kicked out while your case is decided, and then you get a second chance.. If you’re behind on your payments, you can work out a 3-5 year repayment plan.

Obviously does not do you much good (long-term) if you got yourself in an option ARM or your monthly payment is 60% of your net income. But if you’re a responsible buyer, there’s light at the end of the tunnel.

[jpinpb]

But I heard today that they’re talking about BK judge rewriting home loans and banks raising hell about it.

[jpinpb]

But I heard today that they’re talking about BK judge rewriting home loans and banks raising hell about it.

[jpinpb]

But I heard today that they’re talking about BK judge rewriting home loans and banks raising hell about it.

[jpinpb]

But I heard today that they’re talking about BK judge rewriting home loans and banks raising hell about it.

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