If you are not too delinquent or your house is worth more than
your total mortgage debt and/or somebody with very good credit
is willing to co-sign with you, you may be able to get a new
mortgage to pay off your old mortgage. And sometimes, in
cases where there is a second mortgage involved, they may
be willing to accept less than the debt they are owed.
There are also some alternatives available if you don’t think you