[Hydroshock]

After the changes int eh bankruptcy laws made it nearly impossible to discharge CC debt, while the law allows you to walk from your house scott free in many state. If I had CC debt and was in that situation I would let my house go. Beside you in some state have a year it takes to be foreclosed on to stay rent free there while you keep the money.

[SoothingDave]

I'm not sure I understand. Mortgage company hold the title to your house. They're not going to sell it off and give the money to the CC companies.

The CC companies can try to get blood from a stone.

[doc30]

After the changes int eh bankruptcy laws made it nearly impossible to discharge CC debt, while the law allows you to walk from your house scott free in many state.

Not in FL. If you walk away from your house through foreclosure, you owe the difference between what the bank gets for it and what you owe on it, plus the bank's legal costs. It happened to a friend here and he wound up owing the balance plus $50K in legal fees. And she got half her paycheck garnished to cover it.