My home is being foreclosed on. After I’m filing bankruptcy. I don’t want to keep my home. how dose this work. I’m I doing the right thing?

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My home is being foreclosed on. After I’m filing bankruptcy. I don’t want to keep my home. how dose this work. I’m I doing the right thing?

I live in WI. My Home is being foreclose on 6/3/09. My foreclosure is in July. I just want to start over. I already moved out of the house.

Asked on May 11, 2009 under Bankruptcy Law, Wisconsin

Answers:

N. K., Member, Iowa and Illinois Bar / FreeAdvice Contributing Attorney

Answered 14 years ago | Contributor

It is apparent that you want to start anew that’s why you left the house quite prematurely. It appears too that you are no longer keen into contesting the foreclosure of your property in view of other legal remedies and options that you could use to prevent losing your home. I cannot tell whether what you are doing is the right thing. But it now seems you are beginning to explore legal suggestions that may help ease up the emotional burden you are experiencing. And that’s a good sign because you still have time to reconsider your decision. Instead of giving up without a fight, you may wish to pursue and start right by discussing this matter immediately, with a bankruptcy attorney.


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