Posted on: 11th May, 2010 01:58 pm
My husband cosigned on our son's refinancing. He stopped paying the mortgage, so we have been paying for all since that time. Which would be better to do - sell the house or just stop paying the mortgage? If we stop paying, what accounts can they attach (ie, joint savings, retirement, 401k)?
Sell the place. Dont just stop paying - it'll ruin your credit and the debt will still remain