Re: Payment or not

I guess since you don't want the house, it really doesn't matter whether you file before they foreclose or after. But if you file before, the automatic stay will stop them from hounding you for payment on your house and all other debt. Yes, when you file for bankruptcy, you have to account for your money so your attorney can determine which chapter to file.

P.

my2hiiq wrote:
We are current on our house payments, but we actually don't want to
keep the house. If we just walk away without filing chapter 7, they'll
sell the house and we'll still owe the mortgage. Can we just stop
paying the mortgage and force a foreclosure and then file? We actually
don't have enough money to pay minimum amounts on all the bills and
have gas money or money to do immediate car or house repairs or any
medical or dental care or new clothes or entertainment etc....
If we stop the payments, will we have to account for what we did with
the money?

Thanks