I called my mortage company and said to take may house as Deed in lieu, Am I in...

  • Thread starter Thread starter MARTINBP
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MARTINBP

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...debt with the bank? I can't afford the mortage payment due to decrease of hours from work. The easy way out is to give it to the bank because i'll move back to my home town in CA. My house is worth less now than when I bought it 2 years ago. Will my credit score sufer? Do I owe the bank the difference? Can they put a Lien on any other property that I buy?
 
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