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So, a long story short is it started with a house, a foreclosure. I was 23 years old. I made a

stupid decision to co-borrow on my parents' mortgage. Didn't know any better at the time.

And four years later, which was this summer,

I got to call the houses in foreclosure and over $200,000 in the negative end. In the blink of an eye,

it was either got to have a foreclosure on my record or assume that property and take something

that was well above me and my soon-to-be wife's means. And we're just trying to figure it out and make all our payments and make the best of a bad

situation.

In addition to some credit card fraud, which I have most of that resolved.

You have most of that resolved?

Yeah, I submitted fraud claims.

I had all the proof that they weren't out my cards.

I'm battling on one, but the two larger ones are taken care of.

Okay, but the house you did actually sign, it's not fraud, and now you have it.

So what is the house worth?

We inherited it for $750, and it's probably worth like 700.

So we're owed on it?

750.

So you owe more on it than it's worth?

Correct.

And the mortgage, we had a nice one-bedroom apartment living very comfortable.

I mean, how in the world does a house have more owed on it than it's worth in our current world?

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