Today’s question is going to be a controversial one. 
Our listener is under water on his mortgage and wants to know if he should stop paying it.
James says, absolutely.
When you took out a mortgage you signed a contract. If you can’t pay it than stop and give them back the house.
 
They are costs to this but you should weigh them against going broke. This isn’t an ethical issue, it’s a contract.
Listen today to learn the difference