My question involves bankruptcy in the state of: california
My husband and I filed chapter 7 bankruptcy yesterday. We are also considering strategically defaulting on our home loan and 2nd mortgage. What kind of protection did the bk get us from our mortgage holder? We were not 100% sure that we want to walkaway, but maybe the timing is good if we are going to lose it anyway because we can't make the payments.
At what point in all this does it make sense to proceed with the divorce?![]()

