Hi,
I used “Credit Solution” to settle my debt and improve my credit score.They managed to reduce my debt up to 58%.It’s legitimate. I came across this company on NBC News Special Edition.Check it out here:

Have you thought about refinancing the mortgage and putting your 1st and 2nd mtg. into one fixed rate loan….just an idea….

if your credit is good, rates are down…you should come out on top when you sale…good luck…HH

Getting an unsecured personal loan from a bank or another source is a much better option than getting caught up in the credit card game. If your bank no longer offers personal loans, check around to see if you can find a bank that still offers them

No, you can’t “convert” a secured mortgage into an unsecured loan. No lender would agree. The only way to do that is to take out another unsecured loan and pay off your second mortgage.

You need to take a step back and see the bigger picture. You had borrowed an amount close to the size of your mortgage. Why is it, with a decent income, you have that much debt? Unless you get rid of whatever financial black hole that sucks up all your money, nothing will ever help.

$87k in unsecured loans would carry a huge interest rate which would no longer be tax-deductible. Paying a mortgage is a lot cheaper.

I would go live with you family and rent the house out. You should be able to get $2k/month. This money should cover your 1st and 3rd mortgages. Cut the credit cards and start paying. With discipline, you’ll be able to move back without most of the debt in 3 years.