Asked by R. Davis, Miami Beach, FL • Tue Apr 21, 2009
However, nobody is buying in that building because of the bad reputation and problems the building has.
Once in a while there is a short sale. 401 BLU Miami Beach
I am behind 2 month with hoa and mortgage and just want to get rid of my condo. I got laid off and have
to walk away and was refused modification. Rental wouldn't cover the expenses.
I don't owe any other monies but that mortgage. What will happen to me if i don't sell and just walk
away because i will not file bankruptcy. Any idea? I know my credit will be bad. But can i own a car?
Will anything be taken away from me? This is really hurting me because i put 45% down in 2004 and will
loose all that. I know i could do a short sale and i will try that next, but like i said my building
is in bad financial shape and nobody wants to buy there.
Really, what will happen to me if i don't file bankruptcy at the end?
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