Filing for bankruptcy on two foreclosed rental properties
1. Banruptcy foreclosures?
due to hours cut back @ work & my mothers illness,we have been financially devas
stated..i have 2 rentals (homes) 1 is 5 payments past due & other is 3 past due,
we can no longer afford to keep or maintain, i do not wish to keep..tried short
sale on 1 not selling but i do not wish to have to pay taxes on difference due t
o sale,especially for 2 homes both are extremely upside down.1 has line of credi