Quote:
Originally Posted by huck*this
Congrats on being on the up. That must be a huge relief. Not sure if this is great advice but seeing as you are on the up, why not get a final pay off on what you owe and take out a loan for that amount and have it paid off with monthly payments that you can afford safely? This will raise your credit score back up also, I would think. But $40k seems like a good chunk of change so I probably wouldn't do much without speaking with a lawyer 1st.
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I think the OP stated that even though they have equity (in real estate?) they can't qualify for a loan due to bad credit scores.