Latest Posts
Home > Ask The Get Out of Debt Experts > My Parent Were Helping Me With My Mortgage But They Can’t Anymore. – Sandy

My Parent Were Helping Me With My Mortgage But They Can’t Anymore. – Sandy

“Dear Steve,

I tried to lower my mortgage payments. Got bad advice from a remod company that I thought was reputable company. I got foreclosure papers. Tried another company to help me but again nothin happened. I tried my mortgage company but my payments went up. So I filed a chapter 13, so I thought. The lawyer filed a chapter 7, but amended it. I was making payments as best I could. After a couple of months, ny bankruptcy was dismissed. I finally spoke to my parents, and found a different lawyer. I was able to refile. My parents helped me with my payments, but they aren’t goin to be able to help.

My question to you is is there something I can do to refinance or get one loan to pay my mortgages and my truck? I work 5 jobs, some are part-time, I’m divorced with a special needs child. Ideally I want to stay in my home. My Fiancee’s hours are up and down. Any ideas on what I can do? I do not have any credit cards, just trying to keep my house and truck. Any suggestions?


Dear Sandy,

Now that you have a recent bankruptcy I think it will a couple of years before you’ll find a mortgage lender that will qualify you for a new mortgage.

It seems the underlying issue is if the home is affordable for you at all. Now that you’ve lost your payment help it might be time to consider a quick sale of the home to avoid a foreclosure and a possible deficiency judgment, depending on what state you live in.

You may have to do what thousands and thousands of others have had to do, sell and rent for less.

I know of no lender that would be suitable. The only lenders that might be able to help would be or but even then I think their loan limit would be $30,000 and the interest rate, based on your current credit, would still be pretty high I imagine.

Please post your responses and follow-up messages to me on this in the comments section below.

Get Out of Debt Free Hotline
debt settlement helpstudent loan help

About Steve Rhode

Steve Rhode
Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

Get My FREE Get Out of Debt Guy Newsletter

It is the smart thing to do.

I promise to keep your email safe and secure.


I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

You can unsubscribe at any time with just one click.

After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.

  • It will keep you posted on the latest scams.
  • You will be alerted to the latest articles.
  • You will wind up smarter than everyone else dealing with debt.