To: JRios1968
I feel bad about my house going down in value by 30%, I can’t imagine losing 2/3rds of the value. I’m stuck too. If I file bankruptcy, it may sting, but that only lasts 7 years. I can’t wait 20 years for my house to get back to where it was.
19 posted on
05/31/2011 7:52:39 PM PDT by
boop
("Let's just say they'll be satisfied with LESS"... Ming the Merciless)
To: boop
“If I file bankruptcy, it may sting, but that only lasts 7 years.”
Legally, bankruptcy only lasts 7 years but there are plenty (most, all) credit instrument questionaires which pose the question: “Have you ever filed for bankruptcy?”
Remember, “ever” means forever.
22 posted on
05/31/2011 8:01:19 PM PDT by
Rembrandt
(.. AND the donkey you rode in on.)
To: boop
I cant imagine losing 2/3rds of the value.
That is a pretty massive loss. I just got my 2011 assessment a couple days ago. My home is worth 38% of what I paid in 2007. I think I'm still in shock.
34 posted on
05/31/2011 8:39:21 PM PDT by
andyk
(Wealth != Income)
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