Michigan  |  Real Estate Law

question bubble
7/16/11, 2:38 pm

Legal Question

my mom has a 73 - 74 thousand dollar mortgage on a house that is not worth 2 thousand , would it be better to put her into bankruptcy or let the hose go into forclosure ? the mortgage company over estimated it's worth as many have done in the last 5-6 years .


Search Past Answers:
  Advanced Search

Related Questions and Answers

► In the State of Michigan, can township government enforce a county road right of way...

► Me and my husband have 2 houses that we have been renting out. We have lived in...

► Can a person who used to stay in a home but left 2 days before, have a legal right...

► Does a spouse have to be added to an inherited family home? My wife and I were...

► My boyfriend and I bought a house together 5 years ago. Both of our names are on the...

► I own a condo that is attached to another condo and we apparently share the same...

► As being part of the management team at our apartment complex what at the steps I...

More Real Estate and Real Property questions and answers in Michigan
Bill of Sale Living Will
Contracts Notices
Divorce Power of Attorney
Show More
Search

View Complete List ▼

Top Areas of Law

Administrative Law Family Law
Bankruptcy Law Family Medical Leave...
Child Custody Health Care Law
Collections Law Immigration Law
Criminal Law Insurance Law
Discrimination Law Labor Law
Divorce Law Landlord/Tenants
Drunk Driving Law Legal Ethics
Employment Law Legal Malpractice
Medical Malpractice Personal Injury Law
Probate Law Real Estate Law
Sexual Harassment Tech Law
Traffic Law Wills Law
Workers' Compensation