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Many homeowners feel powerless when their bank sends them a Notice of Default and might consider filing bankruptcy to stop foreclosure on their house.
When it comes to selling your house during divorce these options are something that you want to review carefully as chances are you want to do this quickly.
There are many reasons a homeowner may be looking to sell. When you’re thinking “I need to sell my house fast”, homeowners may believe diving right in will save them time and money.
Loan modifications, secondary loans, borrowing from acquaintances, filing for bankruptcy, and selling are all possibilities with varying success rates.
Most often there are so many things to deal with during a divorce that it becomes overwhelming and frustrating. One may not think clearly and make decisions based on their emotions which may not be the best decision at the time.