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Old 12-23-2008, 01:48 PM   #1 (permalink)
Peter Simos
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Walking Away Help

I need to consider "Walking Away" if my loan Mod request is rejected. My loan value in 490K, but the house sell value is probably 390K.
If I walk away from it, could the servicer, Litton< come after me for the remainder: 100K???. I live in Connecticut and the state laws could vary.

Any advice out there? Thanks,

Peter,


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