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How To Get Rid Of The Debt Other Than Through Foreclosure

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There are several ways to get rid of your debt without foreclosure. Note: all alternatives, other than bankruptcy, require the bank's agreement. 

  • Short Sale 
  • Signing over the deed to the bank (Deed in Lieu of Foreclosure) 
  • Reverse Mortgage 
  • Bankruptcy

To learn more about these subjects, see the article in "To Learn More."

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