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should I sell the house to pay off my $40,000 credit card debt?
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Icon Mini Profile cmill2849





Joined: 04 Aug 2007

Posts: 7

4.24 Dollars($)
Post Posted: Thu Feb 05, 2009 10:32 pm    Post subject: should I sell the house to pay off my $40,000 credit card de
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I have $40,000 worth of cc debt (over 6 cards) which I can't pay the minimums on at all because i am only collecting unemployment. Would it be better to sell the house for say $59,000 (half what it was worth a year or two ago) or try and get a well paying, full-time job, get into a debt consolidation program and try to pay it off with monster payments in 5 yrs? Have had it listed now for 2 months with no offers. There is no mortgage on the house but I can't get a home equity loan because I have no job. Can they put a lien on my house or garnish my wages when I do get a job? Can they touch my unemployment?
Icon Mini Profile wwwmortgagebiz





Joined: 06 Feb 2009

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Post Posted: Fri Feb 06, 2009 12:54 am    Post subject: mortgage refinancing..
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i think they can put your house. and you must make sure that you can pay that.

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