Hello everyone thank you for tuning in to Sold By Short Sale, I am Matt Fetick and we are Philadelphia’s leading short sale specialist. I love to use my blog as a way to get all the important housing information in the Philadelphia area out to you the homeowner. Today I wanted to talk to you about bankruptcy. From time to time I talk to people who are considering bankruptcy as a way to avoid the foreclosure process. This might be the best option for your specific dilemma but you will not know for sure until you meet with a bankruptcy lawyer. If your home is your biggest debt or the only large debt you currently have a short sale may be a better option for you than bankruptcy. One of the advantages of a short sale is keeping your rights as a homeowner intact during the process. If you file for bankruptcy all decisions are made by the attorney in charge of the case and you are left entirely out of the process. A short sale will also be less damaging on your credit and take a much shorter amount of time to finish. If you have any have questions about short sales please contact me or visit my website to get more information. I would love to discuss all of the options for your distressed property. Thank you stopping by Sold By Short Sale, Philadelphia’s leading short sale specialist, have a great day.