So I received my weekly mail this morning through that convenient slot in my door and curiosity made me go pick up that envelope and in that formal letterhead I saw the utilities' company's name in bold letters.  

Well, you guessed it, 6 months or so down the line, when I had started accruing a huge rollover credit on my contract but did not need anymore names, I called my rep to ask about canceling the contract, and she said sure, but then the whole price of the contract would become due immediately.

Out of curiosity, where is the house and what do you plan to list it for?

perhaps that may be a decent short term solution however the accruing balance will need "cash flow," to pay it down eventually you'll have to sell your assets to cover your liabilities.Lines of credit are generally based on a fixed margin + prime so if rates rise your rate will rise instantly.

{He will be paying us $200 a month for room and board, technically from my husband who is not his actual legal father] He also will be making a couple of hundred dollars a month from his job and receiving his ssdi checks monthly.At the end of 5 years, after paying Mark about $18,000 cash, with his good credit, and accrued principal, there should be no problem with LJ getting a loan.

It is possible for the trustee to put a stop to accruing interest on mortgages, but he usually cannot touch the principal.

@Chris K. just out of curiosity (basically my learning), does PA allow wage garnishment? 

Out of curiosity, why is this?

Liabilities accrue or change daily, interest is charged, tax liabilities are assessed, other liens may increase daily such as special assessments, HOA fees or perhaps maintenance and management obligations.

The three Groundfloor investments are all 6-month deals paying 10%, 11%, and 12%, respectively, accrued and paid at maturity.