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Is there any way to reduce a heloc when you are more than half way upside down on motgage?

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December 05 2012 - Menifee
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I would contact your current lender. Often times they can work with you on a payment plan if you are having trouble making the monthly payment.
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December 05 2012
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Of course; it is just like with credit cards...   you get 3 more jobs, work 160 hours a week, and you pay off your DEBT!  Then live within your means!

And if you can't pay off your debt?  You do what all good Americans do that can't balance a budget... you file for bankruptcy and let them foreclose on your home, and then you live in homeless shelters or on the streets.

Nobody was "mandated" to borrow against imaginary equity for pointless purposes.
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December 05 2012
 
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