I need some advice.
Due to property values going down I now owe more than my home is worth. The second bad thing is that I have a mortgage that is due to adjust on June 1, 2007. My credit score is 500. With that and the property value I do not see getting a loan for the home. I am seriously considering chapter 13. I want to stay in my home and just repay what i can.
Has anyone had any experience with Chapter 13 recently?