Send a comment on this item to LII: Send a comment on this item to LII staff, who on weekdays will usually reply within 24 hours. Can I Just Walk Away From a House and Its Mortgage? A personal financial columnist briefly explains how walking away from a mortgage can be detrimental to your credit rating and could make it difficult for you to buy another home for some time. Also describes how alternatives such as foreclosure, deed in lieu of foreclosure, and short sales can also negatively affect your credit score. http://asklizweston.com/2005/06/13/can-i-just-walk-away-from-a-house-and-its-mortgage/ Asterisk * indicates required field. Your Name Your Email Address * We will not sell or provide your email address to anyone else. Comment * Enter the verification code as it is shown in the box below. This helps prevent automated submissions. *