Should 'You Walk Away' from your mortgage?

4:20 PM, Feb 1, 2012   |    comments
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ATLANTA -- Atlanta currently has the fourth highest foreclosure rate in the country.

What should you do if you find yourself in a home that you can no longer afford? It's 11Alive's debate of the day for Feb. 1.

Ted Hall speaks to a representative from You Walk Away, a company that encourages people to leave their homes if they find themselves underwater, and Xeron Pledger, a credit counselor with D&E Group, who believes that people should stay in their houses and explore all their options.