Doing the right thing
June 16th, 2009 by Questions
First off thanks for offering such a great web site on this sensitive topic. I`m facing financial difficulties and running a now running a monthly deficit. I own a house (little equity) and lease a car with no late bill payments yet!
I`ve contacted my real estate agent and thinking of selling the house (would make approx. $5000.00 after fees) rent an apartment in the city and not re-new my car lease (use Car Share). By reducing my monthly costs (mainly on the vehicle expense) I would free up more cash for a potential consumer propoal. Would my actions be considered beneficial versus bankruptcy and possibly keeping the house/car? I want to at least pay back
Posted from: Nova Scotia