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    we bought a lake lot as an investment. we now owe more than it's ever worth. can we get out of this loan?

    0  Views: 316 Answers: 2 Posted: 12 years ago

    2 Answers

    I highly doubt you can just walk away from the loan.
    HI>>>>more information needed but
    most projects are developer financed+++++iF THIS IS CASE, YOU MIGHT BE ABLE TO WALK AWAY[ BY GETTING ATTORNEY TO EXCHANGE DEAD , FOR RETURNING
    THE DEED.

    If bank or other , the same transaction can be negotiated....
    until you stop paying, most often no one will talk with you.
    An attorney, who specialty is Bank ruptcy should help....or send you to
    quaLIFIED PERON IN THE STATE.
    many are hurting, make up your mind+++++to not be a victim.
    +++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
    after over you , might buy, a lot, for cash++++from some one who paid
    full price for pennies ++++if you still like the dream
    [ I DO NOT TYPE , SO HOPE YOU UNDERSTND ABOVE


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