WASHINGTON – Nearly 1 in every 4 US homeowners with mortgages owe more on their home than it’s worth. Once a month, those 10.8 million are faced with a question that cuts to the core of the American Dream and offers a confusing collision between a deep-seated sense of personal obligation and a cold, simple business calculation: Should I pay my mortgage?
For decades, there was only one answer for most people: Of course I should keep paying, it’s the right thing to do. Besides, the argument went, a home is a great investment. Today, in the wake of the most seismic housing collapse in the nation’s history, that logic has increasingly been challenged by homeowners despondent about their lack of options.
Are you considering walking away from your mortgage? If so, filing bankruptcy may be the right move for you and you’ll need a reliable Kansas City bankruptcy attorney who can provide immediate relief. The Sader Law Firm has more than 30 years of combined experience in Chapter 7 bankruptcy, Chapter 11 bankruptcy and Chapter 13 bankruptcy cases.
The Sader Law Firm can help provide you with financial freedom. Contact an attorney at The Sader Law Firm today for a free consultation at (816) 561-1818 to find out whether you qualify for bankruptcy and to learn more about the options available to you.