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Also another question, do we try put the house on the market even though we are 'upside-down'?!

It seems as though there is no quick and simple solution. It seems like we have ro radically change the whole picture in order to turn things around without going bankrupt. Not sure how a discussion would go with the mortgage lender if we advised we wanted to sell because we can't afford repayments etc. and tell them we might file bankruptcy?

Would it be a good idea to write to our creditors (credit cards and loans) and try re-negotiate a lower rate ourselves?
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