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Why is Trying to Get Bank of America to Modify a Mortgage Such a Horrible Experience? – Peter

“Dear Andy, Was laid off for 6 months and found a job, but at alomost a 50% reduction in pay. Two months behind with mortgage and all other bills are behind as well. Have applied for the remodification program with BOA, but they are as usefull as.. well you must know! Where can I get … Read more

I Purchased a House On Contract But Missed a Payment. Now The Seller Wants Me Out. – Rhonda

“Dear Andy, I purchased a house on contract in 2005. The contract expired in Sept 2010. I live in Indiana. I have been making my payments and this month I was late and paid half of the payment and told the contract seller that I will pay the other half by the end of the … Read more

Refinancing My House After Bankruptcy. Who Can I Go With? – Jacquelyn

“Dear Andy, I am converting from chapter 13 to chapter 7 I am affirming my house but have 4300.00 in behind payments that I need help with. Is there any company that will refinance my house coming out of chapter 7? Jacquelyn” Jacquelyn, It will be very difficult if not impossible to find a lender … Read more

I’m 65 and Going on Social Security. Should I Pay Down Some of My Debts Now? – Joanna

“Dear Andy, I am 65 and have no savings and will be soon on SS only. I am almost debt free except for mortage and car I have saved up $10,000 and want to know if I should use it to reduce my new car loan from $24,000 to $14,000 (4.55%loan) or make a principal … Read more

My Father Wanted a Divorce and Filed Bankruptcy. Mom is Now Stuck With the Full Mortgage. – Siu

“Dear Andy, I need help, asap. Okay, my parents had the current house for 15 years, and refinanced it and got a 2nd mortgage on it and all that. 2 years ago, my father wanted a divorce. He filed for bankruptcy to discharge debt, however, my mother (listening to her friends) refused to sign on … Read more

I Got a Mortgage Litigation Notice from Consolidated Litigation Group. – Michael

“Dear Andy, I received a mortgage litigation notice from Consolidated Litigation Group in the mail. It said I was a potential plaintiff in a national lawsuit against Suntrust Mortgage. They stsate that there were potentially fraudulent lender actions. I called and spoke to Meshawn Davis.(323)-410-7502. She stated that there was a 100% chance that my … Read more

I’m 70 Retired, With Some Health Issues and Trying to Get Chase Bank to Modify My Mortgage. – Lyn

“Dear Andy, I’m 70, retired with some health issues. Have quite a lot of debt besides my condo on which I owe $29900, and its only worth about $49000 at the moment. When I purchased it in 2000 it was $118000. In 2003 I refinanced to bring the interest rate down to 5.75 and switched … Read more

How Soon Can I Buy a New Home After Foreclosure? – Raeburn

“Dear Andy, We refinanced our mortgage with the assurance we could refinance our home in two years. The company had our appraisal fixed to overstate the value of our house. The mortgage was sold to another comapny and when we went to refinance we were too far upside down for them to pursue helping us. … Read more

I Got an H-118 Litigation Settlement Notification in Mail to Join a Mass Joinder Lawsuit. – Agaton

“Dear Andy, I have been trying to help a freind to get a loan modification since May 22, 2009 with no avail. It has been fustrating. I am still in the process and awaiting a response from the services. All the time the services said that the documents are not complete and I need to … Read more

Who Can I Go to For a Mass Joinder Suit Against My Lender? – Andrew

“Dear Andy, Note & TD assigned 4 times.MERS,lenders and servicing companies refuse to send documents.” Modification” started 2 years ago.Only talked to telephone operators.Submitted docs many times.Was told to get 2 months behind.Did trial payments.No modification. Received info about joinder law suits.Seemed way to go. Considered Brookstone and Mitchell Stein.They do not check out by … Read more

I’ve Never Missed a Payment But I Have No Savings and Not Really Getting Out of Debt. – Brian

“Dear Andy, I am 31 years old and I own my own house. I have never missed a payment, yet can’t get refinanced due to my lowered house value. (Currently I owe about 149,000 and I just had it appraised at 140,000). My mortgage rate is 6.2%. That is part of the story…the other part … Read more

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 … Read more