We can not afford our mortgage anymore. The value of the home keeps going down, but our mortgage & insurance keeps going up. We cant afford to put all of the work in our home that it needs, and fear we can not sell it for what we owe on it.
To determine whether you "qualify" for bankruptcy or whether it is in your best interest to do so, as well as to have your other questions answered, you need to have a consultation with an experienced bankruptcy attorney in your area.
See my article about hiring a bankruptcy attorney for assistance in making a selection.
Most bankruptcy lawyers offer free initial consultations.
Mark Markus has been practicing exclusively bankruptcy law in California since 1991. He is a Certified Specialist in Bankruptcy Law by the State Bar of California Board of Legal Specialization, AV-Rated by martindale.com, and A+ rated by the Better Business Bureau.
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