Legal Question in Bankruptcy in Virginia

Can I file for bankrupcy? My house was foreclosed in 2008, I had an 80/20 loan. The smaller loan has been sending me bills to pay about $125,000. I don't have that kind of money, and I'm afraid they would garnish my checks. I also had a co-signer who has a house, I get worried they'll go after his house. My husband and I live from paycheck to paycheck since we have four children. Please advise me. I would like to find, if bankrupcy is possible a lawyer in my area, Sterling, VA. Thank You


Asked on 10/29/09, 10:42 am

1 Answer from Attorneys
Daniel Press Chung & Press, P.C.

Yes, you should be able to file bankruptcy and discharge this mortgage deficiency. We are in McLean and would be pleased to discuss your bankruptcy options.

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Answered on 11/03/09, 4:23 pm


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