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Updated about 3 years ago on . Most recent reply

Creative finance situation
I have individual in default and owes about 20k. Loan amount is 400k the home has an assessed value of 688k. He does not want to sell but will lose his home soon. What is the best way to approach this situation and or what options does he have with out selling his home? I would like to find a way that will help me out as well with this whole deal