shizark420 asked:


divorced 1 year ago. Refinaced house into my name only. thought I could make the payments but am starting to struggle.. NOT LATE YET AT ALL ON ANYTHING. I owe 240 intrest only loan, house worth about 220… Ex pays 450 a month for about the next year and a half, then nothing after that..

I am looking for the best way out. i would like to get into a house i can afford and my new gal can get that done so my credit and all that isnt the biggest of my concerns, being completely debt free is… i have about a 750 creditscore now…

If i forclose and still owe money, can i file for bankruptcy at that point?? i make less than the state max for chapter 7…

what will this do to my long term credit score and ability to get credit again???

thanks sorry so long… i have a lot of questions..