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If you lose your house, you might still have to pay

February 10th, 2010 at 06:09 pm

Did you know that if you lose your house to foreclosure or short sale, you could still owe the lender money? [url}http://www.livingrichlyonabudget.com/if-you-lose-your-house-you-might-still-have-to-pay[/url]

2 Responses to “If you lose your house, you might still have to pay”

  1. Jerry Says:
    1268410378

    This is a frightening thought for many people who are already in dire financial straits as it is. To have something like this lead to more debt, even after losing the house, could put a lot of people in a bad spot. Isn't there any insurance against further damages?
    Jerry

  2. twotinytoes Says:
    1268413209

    Yes, it's crazy.

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