I thought I would start a general thread for all that maybe starting their walk this month. The wife and I have been thinking about this for a few years now. And it seems this is the time to start. On my street alone there are presently 6 homes in a some sort of foreclosure status. We are strategically defaulting because we are still underwater after 10 years. We will be relocating out of state by the end of this year.
So here we go. Details listed below:
State Delaware (Judicial State)
1st: Ocwen Servicing (owe:92K)(Chapter 7 discharged 2006 Did not reaffirm)
2nd: Greentree Financial (owe:28K)(Chapter 7 discharged 2006 Did not reaffirm last payment made 10/2005)
1st missed payment: January 2014 (1st)