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Downside to stopping mortgage payments?

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    Downside to stopping mortgage payments?

    I'm current on my mortgage. I have a mortgage through a government program that will let you stop making mortgage payments for awhile if you have financial problems. If the lender gives me permission, do you see any downside of stopping mortgage payments to save money towards the bankruptcy? I have a chunk of equity in my home that may get eaten up by the cost of selling the house so it takes away what will be distributed to creditors. But if I'm simply left with a chunk of equity that the unsecured creditors would be entitled to, I'm wondering if maybe that accumulated cash could be offered to the trustee. I have SS income, so that saved money is exempt. I could accumulate that cash and have it unavailable to the trustee.

    Do you see downsides? What are the repercussions?

    Thank you!

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