Foreclosure/bankruptcy

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Foreclosure/bankruptcy

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04-13-2008, 12:43 PM

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Foreclosure/bankruptcy

I have two loans ( 1st and equity loans) on my primary home and every month we struggle to pay for the mortgage. Should I foreclose on the home or file bankruptcy? How can I just walk away from the home and not have to deal with the deficiency of the loans and wage garnishment?

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