I specialize in this area, both Long Beach and Foreclosure on properties. I can tell you there is no guarantee that walking away from your property and letting it go into foreclosure will leave you debt free. It all depends on your individual situation. It might be helpful to get legal and tax advice, as these are two other areas that might impact your future. You may walk away without debt on the house, but may owe money for taxes.
Contact me directly, either by phone or through my profile. We can talk about your specific situations, determine with you your options, and then you can make an informed decision. Dare to Dream.
Real Estate Consultant
RE/MAX Palos Verdes Realty