As the song says, "It Ain't Necessarily So" (George and Ira Gershwin,
Porgy and Bess, 1935). In fact, a well-planned bankruptcy may be "the" way to
avoid losing your home.
As you might expect, I hear some version of this question frequently. My
first answer is always "It depends". After that, I ask questions
and discuss the possibilities. The questions and discussion below are a summary
of those conversations. (more…)
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