I have a situation similar to one of your other readers.
A large amount of credit card debt of my daughters when they were having troubles and now she can’t make the payments.
I am struggling to keep up but because I am a widow and only have limited income at this point I can’t keep it up if she defaults.
I have talked to an attorney and he says I will lose my home if I file bankruptcy because I have equity in it. About $50,000 equity. I am confused.
So many of these comments say you won’t lose your home. I live in VA. Is the law different there.
My question is If I default on these payments can they make me sell? What’s the worse thing they’ll do? And is it true that I won’t lose my home if I file for bankruptcy? The lawyers says yes I will???????