Really, there is no reason in the world to do a short sale. That’s where you sell the house to somebody for less than what is owed against the house.

The purpose of a short sale is to get you out of the property without you having to pay any mortgage deficiency. But since you’re having a bankruptcy, you can’t get hit with any deficiency.

Hence, no point to spending all the time, effort and money it takes to get a short sale through.

The broker will make a nice commission off the deal, the bank will get paid on the deal, and the buyer will get a fantastic bargain on the house. Everybody makes money on a short sale… except YOU!

When you’re ready to get out from under the crushing debt load and begin a new debt-free life, contact Dallas bankruptcy lawyer Rustin Polk by clicking here. Tell our Appointments Coordinator, Cindy, that you are a website reader and she will set you up with a free, no obligation appointment to learn how we can help you.