Not sure where to place this but since it relates to mortgage default I'll put it here. Happy for it to be moved to a more relevant section. We stopped receiving rent from ALL our investments overseas and in Australia with covid caused downturn. Applied for mortgage freeze in Australia but no such option with overseas lender. Overseas Lender threatening legal action, credit default and move to seize property if mortgages not paid there. We have recently made a move to Tassie and renting here. Landlord doesn't wanna discuss reduction(we are paying above market rate too). So we have begrudgingly listed ALL our Australian properties for fire sale hoping one would sell and will help ease the pressure. Financial suicide but couldn't think of other options. What would you do if you were in such unfortunate circumstances & could only manage to pay either your rent or your o/s mortgages? 1. Continue paying o/s mortgages and save your overseas investment and credit while not paying rent in Tassie. Pay Tassie rent later when you can. 2. Pay rent in Tassie and let o/s investments foreclose and ruin your credit and decade of hard work..