Hacker News new | ask | show | jobs
by m00x 1480 days ago
Defaulting on a mortgage isn't that easy, and could have negative consequences beyond just getting your house foreclosed on. You could end up having no house, and having to pay the remainder of the difference.

You could go bankrupt, but then you'd have a hard time finding a rental place for the same amount that'll accept people with very low credits scores.