Tag Archives: mobile home

Is Bankruptcy the Only Option for Me? – Mark

“Dear Steve, I owe $58000 on an $82000 manufactured home (in other words, no value there). I owe $80000 in credit card debt. No car loans…no other loans of any kind. My wife works, but I am currently unemployed; receiving unemployment. I’ve never been late on a payment of any kind, but struggling. Is bankruptcy [...]

Is Our Mobile Home Mortgage Illegal? – Deb

BOUGHT MANUFACTURED HOME WHICH WAS THEN PLACED IN A PRIVATELY OWNED SUBDIVISION. WE OWN HOUSE, NOT LAND IT I SETS ON; PAY RENT ON LAND IT SETS ON. WE HAVE A MORTGAGE, NOT AN INSTALLMENT LOAN ON THE HOME. OUR LOAN HAS BEEN SOLD 2 OR 3 TIMES. WE ARE NOT BEHIND; WE ARE NOT [...]

I Want to Lower Our Payments Without Bankruptcy. – Tina

“Dear Steve, My husband became disabled in 2007. We have struggled to keep ours bills payed ever since. He draws a social security check and I work two jobs, but it is still hard to get by. We have a 12 year old son. We owe $5751 for a four wheeler. We have been paying [...]

My Husband is a Schizophrenic and Unable to Keep a Job. – Lisa

“Dear Steve, Thank you so much for offering this service! I have been looking all over the web for something like this. Our situation: my husband is on SSDI (he’s schizophrenic, stable on meds but unable to keep a job). I’m employed, but scheduled to be laid off on October 30th. I’ve been applying and [...]

Jess Writes In “My Mobile Home Has a Hole In It”

Jess used the form at the bottom of this post to send in the following question. “My babies mother and I have lived in a mobile home for the past three years. We had been having a tough time making the payments for the truck. Just last week we found some water damage in the [...]