What advice can you give for someone who is going through a divorce and foreclosure?
February 24, 2009
I am currently going through a divorce and we are looking for some advice on the what are our choices when it comes to foreclosure. The house has been on the market for approx. 12mths and is still on the market. Our funds will run out in about 3 months. We are not interested in trying to keep the property at this point, just want to try not to totally ruin our credit.
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Comments
File division of property so that the primary borrower gets the house. The co-borrower will quit claim the title to the borrower. Hopefully, when foreclosed, only one of you will get the credit score ruined.






