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Credit Card Debt Settlement - It may be worth sacrificing your credit score
We are taught through bank advertising and social pressure that a poor credit score suggests not only the loss of untold dollars due to higher interest rates on loans, but amazingly, that a high credit score makes you a “good” person and a low credit score makes you a “bad” person. Your credit score is a product, just like everything else advertised to you. It is not connected to your identity. And it won't cost you nearly as much money as you're made to think it will.

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What to Do before Foreclosing on or Short Selling Your Underwater Mortgage
If you have decided to foreclose on your underwater mortgage, congratulations! We know what a hard step this is to take, and we admire your courage in putting yourself and your family first. With everyone from the government to pundits telling us we should hold ourselves to different, higher standards than the banks and lenders do, it can be really hard to see the trees for the forest, can't it?

The Underwater Mortgage: What to Expect in Pre-Foreclosure-and Beyond
If you're faced with an underwater mortgage and have decided to foreclose, congratulations! We get that this is a sad time for you and your family, but on the other hand, you have almost certainly made the best decision you can in a difficult situation. That takes courage! But what can you expect in pre-foreclosure, foreclosure, and life after foreclosure? Let us take you on a tour. You see, we're not only Realtors-we're Realtors who have stood exactly where you're standing now: at the beginning of a new life.

Your Life or Your House: Key Questions to Ask Yourself If You’re Facing an Underwater Mortgage
We aren't assuming that there's a one-size-fits-all answer to the question of what to do if you're dealing with an underwater mortgage. You're going to want to factor in a lot of different criteria before you decide whether to keep the house, try to short sell it, or walk away and foreclose on it. These are big decisions and they have consequences. Kristin and I know-we've been there! We decided on a combination of foreclosures and short sales to save our family's financial future (we are Realtors and had invested pretty heavily in residential real estate), but those routes may not be the best ones for you and your family.

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