Ivy Gate massacre

[jpinpb]

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

[gracie]

That is interesting info on bankruptcies….My question is why isn’t more people doing the same thing? Is there a surge in the bankruptcies? It was noted in an earlier post that only one homeowner in this community filed for bankrupcty….why wouldn’t the rest of the homeowners do the same if they also are in trouble?

[gracie]

That is interesting info on bankruptcies….My question is why isn’t more people doing the same thing? Is there a surge in the bankruptcies? It was noted in an earlier post that only one homeowner in this community filed for bankrupcty….why wouldn’t the rest of the homeowners do the same if they also are in trouble?

[gracie]

That is interesting info on bankruptcies….My question is why isn’t more people doing the same thing? Is there a surge in the bankruptcies? It was noted in an earlier post that only one homeowner in this community filed for bankrupcty….why wouldn’t the rest of the homeowners do the same if they also are in trouble?

[gracie]

That is interesting info on bankruptcies….My question is why isn’t more people doing the same thing? Is there a surge in the bankruptcies? It was noted in an earlier post that only one homeowner in this community filed for bankrupcty….why wouldn’t the rest of the homeowners do the same if they also are in trouble?

[gracie]

That is interesting info on bankruptcies….My question is why isn’t more people doing the same thing? Is there a surge in the bankruptcies? It was noted in an earlier post that only one homeowner in this community filed for bankrupcty….why wouldn’t the rest of the homeowners do the same if they also are in trouble?

[gn]

gracie,

Bankruptcy is much more serious (in term of damage to credit) than foreclosure. For a homeowner who knows that he is “underwater” & has no chance of keeping his house, there’s no use in declaring bankruptcy just to delay the foreclosure. It’s better have foreclosure than bankruptcy.

[gn]

gracie,

Bankruptcy is much more serious (in term of damage to credit) than foreclosure. For a homeowner who knows that he is “underwater” & has no chance of keeping his house, there’s no use in declaring bankruptcy just to delay the foreclosure. It’s better have foreclosure than bankruptcy.

[gn]

gracie,

Bankruptcy is much more serious (in term of damage to credit) than foreclosure. For a homeowner who knows that he is “underwater” & has no chance of keeping his house, there’s no use in declaring bankruptcy just to delay the foreclosure. It’s better have foreclosure than bankruptcy.

[gn]

gracie,

Bankruptcy is much more serious (in term of damage to credit) than foreclosure. For a homeowner who knows that he is “underwater” & has no chance of keeping his house, there’s no use in declaring bankruptcy just to delay the foreclosure. It’s better have foreclosure than bankruptcy.

[gn]

gracie,

Bankruptcy is much more serious (in term of damage to credit) than foreclosure. For a homeowner who knows that he is “underwater” & has no chance of keeping his house, there’s no use in declaring bankruptcy just to delay the foreclosure. It’s better have foreclosure than bankruptcy.

[gracie]

Thanks for the explanation…..I did not realize that bankruptcy was more serious than a foreclosure…I thought they both did similiar damage to your credit.

[gracie]

Thanks for the explanation…..I did not realize that bankruptcy was more serious than a foreclosure…I thought they both did similiar damage to your credit.

[gracie]

Thanks for the explanation…..I did not realize that bankruptcy was more serious than a foreclosure…I thought they both did similiar damage to your credit.

[gracie]

Thanks for the explanation…..I did not realize that bankruptcy was more serious than a foreclosure…I thought they both did similiar damage to your credit.

[Author]

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