The company my son paid $1000 to stop his foreclosure...
The company my son paid $1000 to stop his foreclosure, guaranteed, now
say if he can't increase his income $1000/month to file bankruptcy.
He talked to a bankruptcy attorney and they say he can't file bankruptcy
and save the house. They told him he would be paying more per month
after the bankruptcy. They told him the foreclosure has already been
fled and to let it go through. He is supposed to go back and file
bankruptcy right before they sell the place so he can't get stuck with
paying the difference if they can't get what he owes on it. Anyway
he is still out of a place to live and out the $800+/month he's been
paying for about five years. If they would drop the interest rate to
current rates is payment would drop almost $400/month but they didn't
make an offer to do that, of course.
He is so distraught over this that I'm worried about him. He already
mentioned a bullet in his head would get his kids SSI. I told him it
would get his EX SSI, not his kids.
- His one daughter lives with him but he doesn't have legal custody.
The pisser is his ex has a low income government subsidized home
loan, only works 2-3 days a week, and can still afford her payment.
-In our newspaper here there is always ads