See what CafeMoms are saying about saving time this holiday season..
Has anyone been in this situation? We filed Chap 7, at that time we decided to stay in the home and just make payments to the bank but not reaffirm the mortgage with them. We are getting to the point because of job loss that we are thinking it is time to move on and just get a cheap apartment.
I was told that the lender can't sue me for any deficiency on the home or any wear and tear damage if we leave. They said that as long as I do not purposely destroy the home that I can walk away and not be sued.
Has anyone just walked away later, or been sued after walking away?