TV News LIES

Friday, Apr 20th

Last update05:20:13 AM GMT

You are here News Economy Debt Is Not An Asset

Debt Is Not An Asset

E-mail Print PDF

Slight shifts in the property value of a home can cause a complete failure of the promise to pay the debt on a mortgage, simply because the benefits of paying are no longer the same. If you owe more on the mortgage than your property is worth, an oft-chosen solution is to just walk away from it, especially if it was easy to get into, with no down, with little credit, and nothing but a bad credit report to lose.

More...


Most Recent Related Stories...


China's Xi renews vow to open economy, cut tariffs as U.S. trade row deepens

China's Xi vows to open eonomy, cut tariffsChinese President Xi Jinping promised on Tuesday to open the country’s economy further and lower import...

Fed Raises Interest Rates for Sixth Time Since Financial Crisis

Jerome H. Powell The Federal Reserve raised interest rates on Wednesday by a quarter of a percentage point and...

Richest 1% on target to own two-thirds of all wealth by 2030

Richest 1% on target to own 2/3 of world's wealth by 2030 The world’s richest 1% are on course to control as much as two-thirds of the world’s...

Ignoring GOP Pleas, Trump Sets Tariffs In Motion

Trump sets tariffPresident Donald Trump on Thursday set in motion tariffs that will slap fees on many imports...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!