Internet's first get-out-of-debt community - 134,000 members

marilynh · Posted: Tue Aug 19, 2008 6:45 pm Subject: mortgage forbearance and debts

We have over 140,000 in lines and credit card debt. If we can scrape by and pay our mortgage but not the CC debt, should we do that, or get a forbearance on the mortgage to help us get things under control. the mortgages are about 21 days late right now. Will the forbearance show up/ hurt our credit report and score?

Thanks

Posted: Wed Aug 27, 2008 5:10 pm Subject:

Most of the time when your account is in forebearance, they will not report anything negative. You will have to speak with the mortgage company to see what there terms are.

*Name:
*Email:
*Phone:
*Zip:
*Debt

	* denotes required field

Internet's first get-out-of-debt community - 134,000 members

mortgage forbearance and debts

Members Area

Free Debt Counseling

Ask the community

Featured Discussions

Featured Articles

Question of the Month

Also See

Recent Forum Discussions

Recent Blog Post