Question by bamakrawler1: If I file for bankruptcy and the mortgage amount is not covered by the sale price of the home?
Am I still responsible for that remaining amount?
Best answer:
Answer by SmartA$ $
It depends on many factors:
Which type of bankruptcy are you filing for?
Do you have any other assets?
Some of it depends on what the judge says. They may set up a payment plan for you to repay some of your remaining debts or they may discharge the debts completely.
What do you think? Answer below!
