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help Guest	Posted: Thu Nov 05, 2009 9:54 pm    Post subject: house didn't reaffirm want to know if the lender will lower our monthly payments or should we just let them foreclose
Niicss Joined: 03 Oct 2005 Posts: 2620 Location: New Jersey 409.63 Dollars($)	Posted: Fri Nov 06, 2009 2:37 am    Post subject: As you did not reaffirm the debts, you would not be personally liable for the debts. In such a situation, the lender would not lower your monthly payments. If you cannot afford paying the loan, then it's better to let the lender foreclose the property.

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