Texas  |  Credit and Debt Law

Legal Question

Asked on: 10/03/13, 12:30 pm

I have to choose between paying mortgage or VISA, I choose mortgage. The dept is about $10,000. Other than my credit being ruined what could happen if sued. I have maybe 20% equity on my property appraised around $350,000. Small business owner. Everything I have of value has a lien and our income does not cover expenses?

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