Re: Will this plan work to prevent bankruptcy and foreclosure?

Posted by J C (12.159.224.164) on January 22, 2004 at 08:59:37:

In Reply to: Will this plan work to prevent bankruptcy and foreclosure? posted by rb41861 on January 21, 2004 at 03:53:00:

No it wont work.On secured debt you must make the payments in the contract.

As far as making small payments just burn the money to heat your home, you will get more out of it that way.

I would consider chapter 13 or 7 BK.

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