Posted by fallenx888x on Monday, September 10, 2012,
It is very common for
bankruptcy filers to ask their attorney about the advantages or
disadvantages of proceeding with a short sale of their real property,
either before or after filing for bankruptcy. This didn't use to be a
common question due to the fact that these sales weren't common when the
real estate market was strong. A "short sale" means you are asking
the lender to approve of the sale of the real property for less than the
full amount of the loan. For example, in today'...
Continue reading ...