| Re: Should I keep paying? Want to do a short sale.
Couple key questions are what state are you in and has the current loan(s) ever been refinanced? I don't think anyone can seize your bank account but they can go after you in other ways and chase you into BK (depending on your situation) - For me, since I live in CA and never re-fi'd all I have to do is sit back and let the foreclosure process run its course. I'm going to try and propose a hefty modification and/or possibly short-sale but not until I've received an NOD. Until then, I'm paying off one of my cars and then I'm gonna hit the CC's. Like you said, moving on comfotably is key. Also, do you have any kind of hardship that you can diccument? That will help a lot when it comes to dealing with the banks. |