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Dump underwater home? Credit will sink | Bankrate.com
Jul 21, 2011 . (That is, the homeowners owe more on the mortgage loan than the . options, with differing consequences, for getting rid of your property.

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get rid underwater mortgage

Underwater Second Mortgages, Third Mortgages or Equity Lines of ...
Feb 14, 2012 . How can you get rid of a mortgage in bankruptcy? . on the first mortgage, then the second mortgage is completely unsecured or underwater.

Dean Baker: California Gold Rush? Righting Underwater Mortgages
Jul 16, 2012 . MRP's plan is to have the county condemn underwater mortgages in . Getting rid of underwater mortgages would be a key step in righting the .

How do I quickly get rid of an underwater house I no longer live ...
Dec 29, 2010 . My girlfriend bought a house in The Dalles, Oregon about 3 years ago (worst time possible) for 162k. Her mortgage is 1165 a month at 5.9% .

Foreclosure: Best option to get rid of underwater property - Trulia ...
Mar 12, 2009 . Best option to get rid of underwater property Find answers to this and . I'm a mortgage specialist, I do work with clients like you every day.

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How to Get Rid of an Underwater Home Without a Short Sale
Feb 28, 2011 . How to Get Rid of an Underwater Home Without a Short Sale . to be an underwater home if its unpaid mortgage balance exceeds the market .

Chapter 13 Bankruptcy Debtors: Government Considering New ...
Jun 18, 2012. debtors with their underwater mortgages. If implemented, this program will allow chapter 13 debtors to restructure their mortgage loan, get rid .