Tag Archives: upside down mortgage

Mortgages, Students Loans, CCs. – Ellen

We own a condo (A) w/ $100k debt that we’ve been unsuccessfully trying to short sell for $40k. A house with $165k debt (B) that had a tenant in it, but now it is vacant and worth $125k maybe. $115k consumer debt. $120k student loans. Three vehicles no loans, worth $13k total. My husband was [...]

I’m the Primary Wage Earner, Getting Divorced, and Upside Down in My Mortgage. – Anne

Anne wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

I’ve Got Eight Kids at Home and an Upside Down Mortgage. – Justin

Justin wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

Walking Away From Your Home Might Be The Best Thing to Do for You

It’s interesting that the banking community doesn’t want consumers to walk away from their homes when the house has lost so much value that the home is now worth less than the mortgage. But this would be the very same banking community that made these unrealistic and dubious loans to begin with during the high [...]

We Have Three Mortgages Against Our House, Started Our Own Business, and Finding it Hard to Pay the Bills. – Arthur

I apologize in advance for the short response. I am currently away on vacation with limited internet but wanted to give you an answer as soon as possible. Steve Arthur wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just [...]