- Before you decide to walk away from your mortgage, consider the real, long-term costs.With over eleven million Americans owing more than their houses are worth, its no surprise that many homeowners are considering walking away from their mortgages. Its especially tempting if you are out of a job or experiencing other financial difficulties and struggling to make bloated monthly payments.

With so many people in trouble, even the social stigma of ditching your financial commitments isnt as great as it once was.

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