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.

Read more
Answered on 2/26/09, 2:01 pm


Related Questions & Answers

More Bankruptcy Law questions and answers in Nevada