Deleted user
posted 2 years ago
I'm in a financial debt, I haven't told my bank that I can't meet up yet I have till 3 months for my contract to expire and pay up everything, I used my house as collateral but it can only settle 70% of the debt and if I was to pay up the rest with cash I'd go bankrupt, I can't afford the interest it's accumulating and I don't want to lose my home, I need your advice, because I have the remaining 30% of my money to pay back but I don't want to lose the house, is it possible to apply for a mortgage and use it to buy my very own house and give the mortgage company the house as their new collateral, because then I can afford to pay back in that longer span of time. Please I need your advice
Fields:- Banking and Financial
- Insolvency
- Human Rights
