i will try to include as much detail as possible. I filed chapter 13 in order to save my home. the deal my lawyer worked out for me actually
increased my monthly payments, for a year i was able to make the
payments with no problem, however my monthly payments kept
increasing due to a lack of funds in escrow. needless to say the bankruptcy fail through and the bank is proceeding with the foreclosure. Is it to late to broker a deal with the bank or should i just give up and walk away from the thousands of dollars already invested ?
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If you are broke and cannot afford your home your best bet is to try to sell your house at whatever price you can get. Try to move in with family or to save up as much as you can so you can move in to a bigger condo or house and rent for as long as you can there is nothing wrong with that. Save as much as you can to buy everything you need cash including savings for a big down payment for a house. I will suggest a very good reading. The Total Money Makeover by Dave Ramsey, if you don’t like to read you hear him for free online. http://www.daveramsey.com
NOPE if the bankruptcy has be adjudicated its done and over.