 cmill2849
Joined: 04 Aug 2007
Posts: 7
4.16 Dollars($)
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 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? |
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