Washington  |  Real Estate Law

Legal Question

Asked on: 2/26/10, 7:56 am

My wife and I are selling our house through a short sale and have two mortgages, after the short sale the bank is indicating we will still be liable for about 50K on our second mortgage. Because of my job loss (a year ago) we are very close to qualifying for bankruptcy... with recent mortgage law changes is there an steps we can take short of bankruptcy to protect ourselves?

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