Strategic Default Litigation

Is Strategic Default an Option?

Do you owe more money on your home than it is worth? It may be in your best interest to walk away from the mortgage. You might be better served investing your money elsewhere. It’s important to understand that stopping payments and simply quitting on a loan is not a wise decision. The bank will ultimately foreclose on you. After the house sells for less than what you owe, the bank will then sue you for the deficiency.