Does bank come after the other assets of mine i,e saving, equity of my other house, cars, etc? can I just let the house to go for closure or do I have to go bankrupt?
I am trying to sell it for the last 2 months but no buyers are interested...I still make enough to pay the mortgage but I am at a point that I am willing to lose my credit if this is the only results! I hope the bank will not use my income and assets to come after me!
One final note; I bought the house for 330,000 and it might worth 300,000 now...but there are no buyers!
Can you please help!
2006-09-28
02:43:16
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9 answers
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asked by
Swan M
1
in
Renting & Real Estate