The girls on True Housewives of Beverly Hills are by far the richest in the Bravo dynasty. She can either cease paying and maintain living in the house till she has to move, or she can get in touch with the bank and offer you to do a deed in lieu of foreclosure, which may possibly speed up the approach so her credit can recover sooner. Her credit will be ruined quick-term, but if she keeps up with the rest of her bills and makes every single payment on time, it ought to be superior adequate to acquire an additional house inside two years, particularly if she has a couple of credit cards that are becoming paid on time. The only way I know of that the lender could come immediately after your existing house and car is to force your husband into bankruptcy.
I owe 243k and my parents have indicated that they would give me 125k cash to buy the house outright. If the house is worth $197,000 and you owe $153,000, then you have some equity. You shouldn’t have problems finding a location to rent due to the bankruptcy and foreclosure as extended as you can uncover … READ MORE