Posted on: 29th Jan, 2010 08:50 am
My company is in the process of laying me off. I can make the 1st mortgage payment (Total loan 156,000) but I will not be able to make the 2nd mortgage payment (Total loan 36,000) The house is worth about $140,000 to $160,000, do you have any advise for me.
Thanks for all the help
Thanks for all the help
Potential foreclosure. Keep paying and focus on finding another job even if it is part time. bartender, home depot...anything