woodstockaz
Junior Member
What is the name of your state (only U.S. law)? Arizona
Those are good questions to ask your bankruptcy attorney. However, you generally should keep paying on anything you intend to reaffirm.Arizona. I may have to file bankruptcy. I believe I need to stop all credit card and student loan payments. But, do I stop paying the 1st and 2nd mortgages on both my rental properties as well as HOA and continue to collect rent? Rent covers exactly mortgage and HOA, so no profit. 1st property is under water and I don't care if I lose it. 2nd property has little to no equity and I would prefer to keep it as I will probably need to move back in a year or 2 after the BK.
Any advice is much appreciated.
When you get a lawyer, ask him or her those questions.I keep checking for replies. Since I don't yet have a lawyer I wanted to try to get some questions answered.
1. Don't file bk;If I would like to keep one of the properties and intend on moving back within a few years and I don't own the home I'm currently living in, how would I best go about keeping it? .