CHAPTER 13 Where Will You Go? "EMBRACING THE FUTURE: A TRANSFORMATIVE GUIDE TO NAVIGATING BANKRUPTCY"** If you've found yourself at the crossroads of financial hardship, having experienced the heart-wrenching loss of your home through foreclosure or a compelled sale, you're likely grappling with a spectrum of emotions. The mental, physical, and financial exhaustion might leave you apprehensive about embarking on the journey to find a new place to call home. For those with families, the urgency and stress associated with securing a suitable residence become even more pronounced. Maybe you've been fortunate enough to sell your home and sidestep foreclosure, minimizing the impact on your credit score. Perhaps the equity from the sale is opening doors for another home purchase or leading you towards the flexibility of renting. The upcoming sections of this guide are tailored to equip you with invaluable insights into the realms of buying or renting a new home. Regardless of whether you decide to buy, rent, or find solace with loved ones, your journey to emotional and financial recovery demands time. Time to acclimate to a new living situation. Time to rebuild your credit. Potentially, time to prepare for another foray into homeownership. But where does one begin? If financial struggles resulting from foreclosure or a forced home sale have left you in a precarious position, where renting or buying seems unattainable, the U.S. Department of Housing and Urban Development’s (HUD) Office of Housing Counseling 94
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