ST Alpha - "Why are you moving? If you can't afford the current mortgage payment is the bank willing to work out" (Reading a Post)

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In response to "LYC (just need to rant and whine a little) Our house is now priced at 159,900. We owe 197,000-ish. We have only had 4 people come and look at it " by sycor

Why are you moving? If you can't afford the current mortgage payment is the bank willing to work out

Posted by TWuG Jul 18 '11, 11:40

a new payment scheme?

Responses:

We can afford it. Barely. We just can't make headway on other debt. And our mortgage is with a "handling company" not a bank (it got sold). So our - sycor Jul 18, 11:43 2
- This sounds like a sucky situation all around. Is bankruptcy an option? -- nm - TWuG Jul 18, 11:48 1
  - I would really rather take it that far. Bankruptcy is much worse than just foreclosing. -- nm - sycor Jul 18, 11:55

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