Category Archives: Foreclosure
- Can Specialized Loan Servicing 2nd mortgage note foreclose on me? – Belinda
Hi I have a first mortgage with BOA @ 110,000 a second with Specialized Loan Servicing @ 26,000 I owe more than the house is worth. Todays market value is 108,000. I am in the middle of a modification with BOA been going through it for almost 18 months… I stopped paying my second note [...]
- I Just Found Out I’m Pregnant, We Are Living in My Parent’s Home Which is in Foreclosure. – Kelli
“Dear Steve, I am 25 years old and have been married for six months. I have a substantial amount of debt from my student loans (almost 100k), a credit card with approximately $750, several medical bills that equal around $200, and a debt for $800 that is going to court. My husband and I live [...]
- Should We Fight Our Foreclosure or Walk Away? – Heather
“Dear Steve, We filed bankruptcy and surrendered our home in the bankruptcy, due to denied a loan modification we could afford, Not sure if we should fight the forclousure or let it happen, we are so upside down on our townhome we just want to walk away from it, but we dont want to hurt [...]
- I’m Facing Foreclosure and Falling Behind On Other Bills As Well. – Dora
“Dear Andy, IM FACING FORCLOSURE AND NEED SOME HELP,IM FALLING BEHIND AND TO MANY BILLS I HAVE REAL BAD CREDIT DUE TO MANY UNPAID DEBT AND BECAUSE OF THAT NO ONE CAN HELP ME . CAN U FIND SOMEONE WHO CAN? Dora” The Answer: Dear Dora, I don’t have a lot of information to work [...]
- Can My Second Mortgage Company Foreclose on Me? – Sharon
“Dear Andy, Purchased home in 2005 in Michigan with a 1st and 2nd mortgage with same lender. Modified the home became delinquent again modified. now 1st is current and 2nd has been charged off. was offered a settlement but did not have cash on hand. what should we be worried about. can second foreclose 1st [...]
- Is Paying $4 Grand to Join a Mass Joinder Suit with Kramer & Kramer a Legitimate Way to Save My Home From Foreclosure? – Syd
“Dear Steve, I’m 8 months behind on property mortgage (Chase), due to unemployment and escrow account being added to payment (68% increase). 2 loan modification requests rejected; in process on third. Foreclosure sale date set; have not received NOD or NOS. Is paying $4000 to Kramer & Kramer to join Mass Joinder suit against Chase [...]
- Should We Stop Paying Our Mortgage. We Are So Stressed. – Beth
“Dear Steve, A little over a year ago my husband lost his job. He got a new job two hours from our home. We were approved for and bought a home in the new town with the idea that we would be able to sell our first home. Of course, at that time, the economy [...]
- I Moved Back in With My Ex-Wife to Help Her Make the Mortgage Payments. – Ron
“Dear Steve, My ex-wife has a HELOC with Chase for $80,000 on a home we co-own with a current mortgage of $150,000 which we have never been late on in 10 years. After I moved out she was out of work for several months and was not able to keep up both payments and has [...]
- What Options Should We Consider to Avoid Foreclosure? – Joshua
“Dear Steve, 210,000 mortgage – 196,000 owed 4 months behind, foreclosure has not yet started but may within a month or so KS provides 120 days for the foreclosure process 15-20k unsecured credit debt/medical bills My wife has 18k in student loan debt 2 cars, not behind on and I’m not certain how much equity [...]