D
Doncesar
Guest
Hello,
I purchased my house for 250k a year ago and now I see similar houses selling for 170K. I financed 60k of the house using a credit cards because they offered me a great interest rate for the life of the loan so I owe in the mortgage 190k.
I have been able to pay this but is like every month I don't get anything left to go out or enjoy life.
Should I go in default in my house payments and get into foreclosure and maybe declare bankruptcy as well? Again with my salary I can pay my monthly payments but I am not getting anywhere is like payin and paying and having less equity.
Should I keep on paying or should I go another way?
Thanks
I purchased my house for 250k a year ago and now I see similar houses selling for 170K. I financed 60k of the house using a credit cards because they offered me a great interest rate for the life of the loan so I owe in the mortgage 190k.
I have been able to pay this but is like every month I don't get anything left to go out or enjoy life.
Should I go in default in my house payments and get into foreclosure and maybe declare bankruptcy as well? Again with my salary I can pay my monthly payments but I am not getting anywhere is like payin and paying and having less equity.
Should I keep on paying or should I go another way?
Thanks