Legal Question in Bankruptcy in South Carolina

My house is in foreclosure and I have 4 crediit cards with 3000 dollar balances. Should I wait for the house to be foreclosed before I file bancruptcy on the credit cards

Asked on 7/31/09, 4:00 pm

1 Answer from Attorneys

David Breen David Hart Breen, P.A.

No you do not have to wait nor should you wait. The bankruptcy filing will immediately stop the foreclosure and give you more time to live in the house without making payments or give you more time to work something out with the mortgage creditor if you want to try to keep the house.

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Answered on 8/05/09, 4:19 pm

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