What is the best course of action?
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|Thu, 07-26-2007 - 9:27am|
I have gotten myself into quite the financial mess. To make a long story short, a second condo I owned (not the one I own and am living in) was forclosed upon. I just received a letter saying it was sold at auction. Should I consult an attorney? My gut tells me yes, but I am not sure where to turn. I feel like my best course of action might be to file bankruptcy, but I am not sure. I also have an automobile that was repossessed last year. I received a cancellation of debt from the IRS. I'm not sure that will be the last of it even though I have not received any notices from the bank attempting to collect any money from it (it was written off as "bad debt" on my credit report).
The good news is that all other bills are current. What should I do? Any advice is appreciated as my head is spinning and I'm not sure how to proceed. Thank you!