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cosigning a mortgage

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)?

riseabove's picture
riseabove | Joined: November 9, 2009 12:58 pm | Posts: 0 | Location: New Jersey | 00 Dollars($)

Sell the place. Dont just stop paying - it'll ruin your credit and the debt will still remain

Like | Dislike | Share | Posted: Tue, 05/11/2010 - 15:15

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