Unemployed and Struggling to Make Your Mortgage Payment? Check Hardest Hit Fund for Help.

Yesterday over the dinner table we had a guest enjoying barbecue with us and she was talking about her work with the Hardest Hit Fund and all the mortgages in North Carolina she was screening to be paid by the Obama Hardest Hit Fund program. Up till now this benefit program had not hit my … Read more

I’m Currently in a Chapter 7 Bankruptcy and My Attorney Told Me Not to Make My Mortgage Payment. – Ed

“Dear Lewis, I am currently in chapter 7 Bankruptcy. My home is worth 315,000 and the court is getting an appraisal as ordered by the trustee. my home is worth about 380.000 dollars and I have had had contractors over giving me estimates on work that is needed. so far the roofer gave me an … Read more

Bounced Mortgage Check and My Dad’s Back Credit. – Mary

“Dear Steve, My father and his brother got a loan to purchase a house for their mother about 12 years ago through BOA. Apparently, back in April of this year my dads brother wrote the April mortage check for the payment and it bounced. The next month my dad writes the May mortgage payment and … Read more

I Have Contacted CCCS and Money Management International And Was Told They Can’t Help Me. – Josephine

“Dear Steve, I have contacted CCCS and Money Management International and was told my debt/inome ratio would make it impossible to make payment arrangements with citi that I owe $25,000.00. Then I saw a bankruptcy attorney. The bankruptcy atty told me that I have too much equity in my house to go bankrupt and yet … Read more

Can I Trade My House In For a Smaller One Instead of Losing it in Foreclosure? – Hollis

Hollis “Dear Steve, I am severly under water financially having lost a second income. Now my house is upside-down by probably $80K, both my credit cards are topped out and I owe $40K on those and I have been advised to declare chapter 7 bankruptcy. My retirement savings have plummetted because of the volitility in … Read more

Mortgage Company Disappears, Won’t Take Payments, Violated RESPA – Reta

Reta “Dear Steve, Mortgage company disappears without claiming foreclosure, violated RESPA, never contacted us after obtaining the loan, never sent monthly statements, contacts us after we find them, then tells us they will work out a plan, we send in a payment…3 weeks later they send it back, say they are filing bankruptcy, and never … Read more

Bush Administration Rolls Out Wimpy Mortgage Assistance Plan

The Bush administration today rolled out a plan to help homeowners in trouble with their mortgages. While proclaiming big help the plan does not go anywhere near far enough to help those in the most trouble. Homeowners 90 or more days late in their mortgage payments, owe at least 90% of their home’s current value, … Read more

Meltdown risks mental health disaster

Fears over job security, paying the bills or even just whether your house is going to be foreclosed are fuelling an epidemic of stress, anxiety and sleepless nights among workers on both sides of the Atlantic – and it is managers who are having to pick up the pieces. Increased stress, anxiety and tension inside … Read more