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1 UNABLE TO PAY BANK HOME LOAN on Mon May 16, 2016 2:32 pm

Sammy Queen

Arresto Menor
Hello Sir/Mam;
Good day! I hope you can help me on my home loan problem.
I purchased a condo and it is now under bank loan. I am an OFW and unfortunately I am now going to lose a job. Hence, I will not be able to continue paying my monthly amortization of my bank loan.
I have tried looking for a buyer to assume my loan but i didnt get any luck.
I wanted to cancel my loan coz i cannot afford to pay this anymore.Can you please advise me what to do? Is is possible to apply for foreclosure?

Thanks and hoping for your response.

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