It happens to many of us, we make one of the biggest purchases we will
ever make and soon after we begin making payments we find ourselves
“underwater” on it with it being worth less than we owe. Should we
just walk away or stay in it? If you just stay with it for long
enough and continue making payments, eventually you will be above
water but that will take a long time. Maybe I should ask for a
bailout. If I call my loan for my new truck a mortgage do you think I
will qualify for the Obama bailout?