Throw In The Keys

What is Throw In The Keys?

1.

To allow your home to go into forclosure because your adjustable-rate loan interest rate balloons your payment into an amount that you cannot afford.

"My mortgage statement came in today and my payment has went up $400. There is no way in hell I can pay that. I guess it's time to throw in the keys!"

See bankruptcy, screwed, mortgage

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Throw In The Keys Edit Meaning

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Throw In The Keys