My question is whether to pay off my house. It would wipe out my CDs. I have an emergency fund of $2,000. Is this a good idea? I live fine on my Social Security income.

The 23,900-square-foot Wilmington mansion that once belonged to credit-card banker Charlie Cawley has devolved into a high-profile symbol of the housing bubble.

Dear Debt Adviser,

Real GDP growth for 2009 was expected to come in at about 9%, well down on the preliminary estimate for 2008 of 13.5% but high enough to put Qatar among the world’s fastest-growing economies for the year – again.

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My question is whether to pay off my house. It would wipe out my CDs. I have an emergency fund of $2,000. Is this a good idea? I live fine on my Social Security income.

Dear Debt Adviser,

The 23,900-square-foot Wilmington mansion that once belonged to credit-card banker Charlie Cawley has devolved into a high-profile symbol of the housing bubble.

A credit repair operation has agreed to stop making false claims and stop charging up-front fees under a settlement with the Federal Trade Commission.

Gov. Phil Bredesen praised a national ranking that put Tennessee at the bottom of all states and Washington, D.C., for debt load.

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Just my 2c. Good luck and hang in there. Edited to add- IF the debt were to be challenged and then the trustee brings a 707(b) motion to dismiss or convert your case to a Chapter 13, that isn't the end of the story. ...

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