As a Denver foreclosure defense attorney I believe that chapter 7 or chapter 13 are the best and only options for many who ‘short sell” a home as the bankruptcy discharge will replace the foreclosure recording on the selling homeowner’s credit report, not to mention simultaneously eliminating both the deficiency balance and any income tax consequences.
As a Denver foreclosure defense attorney, I believe that chapter 7 or chapter 13 are the best and only options for many who ‘short sell” a home as the bankruptcy discharge will replace the foreclosure recording on the selling homeowner’s credit report, not to mention simultaneously eliminating both the deficiency balance and any income tax consequences.