sell house to clear debts?

[snax123]

hi looking for opinions here.
we have loan debts of 55k with a mortgage of 255000. we are struggling to make repayments on these. would you sell the house to clear debts and rent for a while and try to buy a house later on?

 

[PaddyBloggit]

Perhaps you might be best to post in the Money Makeover section and use the template used there to detail your circumstances, outgoings and income.

You'll get a more informed response then.

More info here: http://www.askaboutmoney.com/showthread.php?t=61289