ohio bankruptcy means test
My house was foreclosed on.
My house was foreclosed on a while back and the house was to be auctioned off. My question is after the sale will the mortgage company come after me for the difference? This happened over a year ago and I have heard nothing from them? Will the difference from the sale become an unsecured debt? If I don’t pay the difference will this become another debt that I defaulted on? This happened because of losing my job, and the job I have now doesn’t pay as well. I’m trying to figure out if I should try to go bankurpt or not. I don’t make alot of money and will pass the means test for bankruptcy, however that stays on my credit for 10 years and as it stands now this will drop off in 7 years. I live in Ohio.
In some states the lender can try to get you to pay the difference between what you owed and what they got at the sale.
It is unlikely they will do it even in those states that allow it.
