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Help!!! Filing Chapter 7 with a mortgage that has a ballon mortgage

Guest David2903

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Guest David2903

I'm filing for Chapter 7, I'm thinking of giving up my home.
The issue is I have a balloon mortgage on my home, is it worth it to keep it or not?

Comps on the house is 85k
Previously owe 71k
19 year left on the mortgage
Balloon payment 30k after 19 years
2% Apr on the mtg now.
What to do is it worth it to keep the house
House also needs about 15k in repairs

What are your thougts

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