Legal Question in Bankruptcy in Nevada
foreclosure
Would a foreclosure be the best thing
to do if you want to get out of the loan
your in? Or would a chapter 7 be better.
Asked on 2/25/09, 2:36 pm
1 Answer from Attorneys
Jeffrey Cogan
Jeffrey A. Cogan, Esq., Ltd.
Re: foreclosure
Chapter 7 guarantees you will never have to pay. If you let it go to foreclosure, the lender will have to sue you and then try to collect. You can always file your Chapter 7.
Answered on 2/26/09, 2:01 pm
Related Questions & Answers
-
Attorny's wilful disregard to client's instructions My attorney wilfully disregarded... Asked 12/06/08, 2:41 am in United States Nevada Bankruptcy Law
-
Bankruptcy/life insurance How is the cash value in a life insurance policy effected... Asked 11/24/08, 5:41 pm in United States Nevada Bankruptcy Law