When you default on most…

January 12th, 2008 by admin | Filed under Uncategorized.

…personal debts, you cannot be forced to sell your home in most cases, whereas defaulting on a mortgage loan can end in a foreclosure. When doing a Cash Out Refinance to consolidate credit card debts, keep in mind that you are turning non-secure debts into a lien on your home.

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credit card, debt, loan, mortgage, refinance

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