Response to post

Wow, this is crucial and can happen to any of us at any time. While it is difficult to say what I would do in a situation like this, I don't think I would file for bankruptcy. As a wise thinker, I probably would have gone to the bank and negoiated with them. A little pay towards "my principal/loan/Escrow" is better than nothing at all. Who knows you may find someone to empathize with you. ANYWAY!!! Look at the BIG picture and wave the pros and cons of this matter. Would I rather pay this extra money by making the sacrifice of cutting back on some things to keep my house OR would I rather file for bankruptcy and have this thing haunting my credit for the next 7 years, still losing my house and all I've put into it(just to be re-sold for more than its worth and not benefitting a dime from it)? PRAY ABOUT IT! THINK ABOUT IT! Be wise...for you hold the key to your future and further more..... don't be so quick to act on impulse! Patience is virtue.

banks-are-evil