My question involves bankruptcy in the state of: California
My husband filed Chap 7 (in California)...waiting on response from trustee but is delayed & according to the BK lawyer, it may take awhile. We are current on our mortgage but we are thinking of short sale? We bought the house at 700K, now worth 430K, last year got approved for HAMP remod, but now having a hard time making those payments. Is it worth to short sale or wait for decision on BK from the trustee? We would like to move to a different city for kids' school & rent a cheaper house out there.

