Hello, I have been scrambling to figure out what to do and what my options are. With the downturn in the economy, I was losing money to keep my pride/small business intact so I closed that and have been doing small jobs and living off the credit cards. The primary house is 25K underwater and I don't want to lose it BUT I cannot afford the mortgage. With all of my debt, I think I will have to file for BK so I might be able to afford the monthly payments. Here is the wrench though, we have a second 'investment' property with is only worth 50K but needs 7K to pay off. If I file for BK, would I still be able to keep the investment property to try and sell it so I can get some money back to pay the primary mortgage? OR will I lose the investment house and thus with no income, the primary house?