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07/05/2009

I Am Facing Foreclosure Answers

Resolved Question: Do you know all this about Michael Jackson?

Jackson Lived Like King but Died Awash in Debt AP, Jun 26, 2009 5:00 am PDT Michael Jackson the singer was also Michael Jackson the billion-dollar business. Yet after selling more than 61 million albums in the U.S. and having a decade-long attraction open at Disney theme parks, the "King of Pop" died Thursday at age 50 reportedly awash in about $400 million in debt, on the cusp of a final comeback after well over a decade of scandal. The moonwalking pop star drove the growth of music videos, vaulting cable channel MTV into the popular mainstream after its launch in 1981. His 1982 hit "Thriller," still the second best-selling U.S. album of all time, spawned a John Landis-directed music video that MTV played every hour on the hour. "The ratings were three or four times what they were normally every time the video came on," said Judy McGrath, the chairman and CEO of Viacom Inc.'s MTV Networks. "He was inextricably tied to the so-called MTV generation." Five years later, "Bad" sold 22 million copies. In 1991, he signed a $65 million recording deal with Sony. Jackson was so popular that The Walt Disney Co. hitched its wagon to his star in 1986, opening a 3-D movie at its parks called "Captain EO," executive produced by George Lucas and directed by Francis Ford Coppola. The last attraction in Paris closed 12 years later. One of Jackson's shrewdest deals at the height of his fame in 1985 was the $47.5 million acquisition of ATV Music, which owned the copyright to songs written by the Beatles' John Lennon and Paul McCartney. The catalog provided Jackson a steady stream of income and the ability to afford a lavish lifestyle. He bought the sprawling Neverland ranch in 1988 for $14.6 million, a fantasy-like 2,500-acre property nestled in the hills of Santa Barbara County's wine country. But the bombshell hit in 1993 when he was accused of molesting a 13-year-old boy. "That kind of represents the beginning of the walk down a tragic path, financially, emotionally, spiritually, psychologically, legally," said Michael Levine, his publicist at the time. He settled with the boy's family, but other accounts of his alleged pedophilia began to emerge. When he ran into further financial problems, he agreed to a deal with Sony in 1995 to merge ATV with Sony's library of songs and sold Sony music publishing rights for $95 million. Then in 2001, he used his half of the ATV assets as collateral to secure $200 million in loans from Bank of America. As his financial problems continued, Jackson began to borrow large sums of money, according to a 2002 lawsuit by Union Finance & Investment Corp. that sought $12 million in unpaid fees and expenses. In 2003, Jackson was arrested on charges that he molested another 13-year-old boy. The 2005 trial, which ultimately ended in an acquittal, brought to light more details of Jackson's strained finances. One forensic accountant testified that the singer had an "ongoing cash crisis" and was spending $20 million to $30 million more per year than he earned. In March of last year, the singer faced foreclosure on Neverland. He also repeatedly failed to make mortgage payments on a house in Los Angeles that had been used for years by his family. In addition, Jackson was forced to defend himself against a slew of lawsuits in recent years, including a $7 million claim from Sheik Abdulla bin Hamad Al Khalifa, the second son of the king of Bahrain. Memorabilia auctions were frequently announced but became the subject of legal wrangling and were often canceled. Time and again, however, Jackson found a way to wring cash out of high-value assets, borrowing tens of millions at a time or leaning on wealthy friends for advice, if not for money. Al Khalifa, 33, took Jackson under his wing after his acquittal, moving him to the small Gulf estate and showering him with money. In his lawsuit, Al Khalifa claimed he gave Jackson millions of dollars to help shore up his finances, cut an album, write an autobiography and subsidize his lifestyle — including more than $300,000 for a "motivational guru." The lawsuit was settled last year for an undisclosed amount. Neither the album nor book was ever produced. Another wealthy benefactor came to Jackson's aid last year as he faced the prospect of losing Neverland in a public auction. Billionaire Thomas Barrack, chairman and CEO of Los Angeles-based real estate investment firm Colony Capital LLC, agreed to bail out the singer and set up a joint venture with Jackson that took ownership of the vast estate. Barrack was unavailable for comment Thursday, but referred to the singer in a statement as a "gentle, talented and compassionate man." A final piece of the financial jigsaw puzzle fell into place in March, when billionaire Philip Anschutz' concert promotion company AEG Live announced it would promote 50 shows in London's O2 arena. Tickets sold out, and the first show of the "This is It" tour was s more

Resolved Question: Are you pleased with your health insurance; expect to keep things the same?

I don't think so. You see, the government simply cannot pay and the insurance companies are lying to you. They will collect more, higher rates and more and more rejections for a million excuses. Billions are being rejected each year. It causes millions of people to go into bankruptsy and foreclosure. Guess that will not matter if you get laid off. Bad credit rating keeps you from renting a little ghetto apt. Face reality, my friend. Stay calm and face reality. The government is dead broke. more

Voting Question: Misappropriation of funds?

President Obama signed into law S.B. 896, May 20, 2009, to address the problems tenants are confronted with. Landlords and tenants sign one-year lease agreements; landlords collect rent money from their tenants but too many landlords don't pay their mortgage payments. Their tenants are then forced to face foreclosure before the terms of the leases expire without notice from landlords or lenders. Isn't it 'misappropriation of funds' when landlords collect rent and choose to not pay their mortgages on time because the money is being spent to cover other unrelated expenses or for personal use? These actions by landlords, disregards and jeopardizes the tenant(s) and violates the leases with their tenants. Not ensuring the "covenant of quiet enjoyment" is a breach, by landlords of their lease agreements. Landlords are legally bound to their tenants for the term of the lease, as are their tenants. Analogy: If I was ceo/president of a business and I diverted the money received intended to operate that business; instead I use that money for my personal use without paying the debts that business has created, jeopardizing the stability, credibility and future of that business, wouldn't I be charged for "misappropriating funds"? Since May 20, 2009, the trustees/lenders will take over the leases from the foreclosed landlords. Landlords, none-the-less, knowing foreclosure is imminent, are still collecting rent money for their personal use from unsuspecting tenants, unaware of impending foreclosures. These actions by landlords are calculating and fraudulent! Isn't fraud and misappropriation recognized as crimes? If landlords would pay their mortgage payments when they receive rent money from tenants, there wouldn't be foreclosures of rental properties. Their irresponsibility to prioritize mortgage payments, has caused thousands of tenants and their families anxiety, displacement, insecurity, pain and suffering, finding another place to live, the cost of having to move, application fees, first month's rent and security deposit/last month's rent. The loss to tenants, their families, lending institutions is criminal. It's affecting all of us. What do you think? This has happened to me two times within four years and I've always paid rent on time as agreed. Thank you. Tom more

Resolved Question: any newlyweds facing foreclosure?

share your story? more

Voting Question: Georgia Foreclosure/Bankruptcy Issue?

I am one of those facing foreclosure. Due to being unemployed, I cannot save the house, and I was unable to sell it. So now it is in foreclosure and scheduled to be sold July 7. We moved out of the house nearly 6 months ago, which is in GA, and into a rental house in Alabama. Now that the house is in foreclosure, I'm not sure what to expect. The foreclosure is from the primary lender, and I know the house won't sell for enough to pay both the primary and the secondary lenders. Does anyone know if a deficiency judgment can be issued against an unemployed person? If so, would a lender seriously do that, knowing they couldn't get a dime? It would seem to be a waste of time. And does anyone know, should it come down to this ... if I need to file Chapter 7 bankruptcy after the foreclosure (due to deficiency judgments), do I have to file it in Georgia or my current residence of Alabama? Thanks for any help. more

Resolved Question: If I know my apartment that is being rented is facing foreclosure?

Can I terminate my lease agreement. From what I am reading the rights of the lender trump the rights of the tenant.Reneeez, that really does not make any sense. If they are defaulted on their mortgage and get foreclosed on what kind of sense does it make for me to stay there and risk getting evicted right alongside the landlord? He wasn't able to honor his financial obligation to his home so the bank seized it. I would think the lease is no longer valid through him if the bank becomes sole owner. He has faced foreclosure 4 times already and each time I get a notice to vacant then like three days later to disregard it. I would assume there are laws protecting the tenant just as they are here protecting the landlord. He has breached his contract somehow...Ill just have to find the fine print saying so. more

Resolved Question: Very Complicated Marriage?

My wife and I have been married for four years now and we are experiencing a very, very trying time in our relationship. I have posted here before, but out of anger so please do not use my previous posts as pure reference (although a lot of events did happen). Our problems started around a couple of years ago when I was in the Navy. While I was out to sea for 2-4 weeks at a time getting ready for deployment she was sending nude pictures to boyfriends of her past in Italy and in Guam. I know this because I found her email open one day and read and saw everything. What I didn't realize was that she had a different email address and was forming a relationship online with this guy named Pat. I got out of the Navy and we came to her home country, the Philippines for a little RandR. She decided she wanted to stay there for school, or so she told me. While I was in the U.S. she carried a six month relationship with this guy Pat. They traveled back and forth between each other's countries and the one of the bad things is that she used my money for airfare. I didn't know she was doing this, as I was more consumed with trying to find a job to keep the house from going into foreclosure. She stayed gone all of the 6 months that immigration afforded her and came back like nothing happened, like I had woke up from a dream. So here I was half a year without a face to see and not even any communication. I forgave her for wanting to figure herself out and get educated, but that was what I was under the impression of. One day I open the computer and there it was, an unfinished email to her lover Pat. While she was on the phone I was reading all of their correspondence. It was heartbreaking to me that she had tore my heart to shreds once more. So she promises to ditch this dude and asks me to move to the Philippines with her. I say I will try it out (my daughter is there, refer to that posting, it's accurate). So here I am in the Philippines and I am absolutely miserable. We do not trust each other, there is little to no sex (around once or twice a month), any conversation we have turns bitter, and most importantly the blame is all on me. I am just tired. One other thing that really has my attention is that my daughter who is 3 calls this one other guy, who the wife says is her "best friend" Daddy. That tells me that in the past 6 months, my picture wasn't even shown to my daughter and someone was acting like daddy around mommy. Am I stupid for wanting to stick around for this? more

Resolved Question: Will we face repercussions for leaving early?--lease is not up til 3/2010.?

We rented our townhouse in March of 2008. 6 months after moving in we received a letter on the door for the owner (we are in GA, he is somewhere in CA) that he owes $1005 for HOA fees. The HOA yearly fees are only $250 a year! Our contract specifically states he is responsible for HOA fees, which gives us access to the amenities, such as the pool. The year, the HOA decided to de-activate anyone's pool key, who was behind on HOA fees. I contacted our leasing agent on 5/13/09, when we found out our key was de-activated. She's been telling me for weeks that it appears the owner of the home hasn't paid his HOA fees in a few years and has breached his contract with us and the leasing company. (We also get his mortgage company knocking on our door and taking pictures of the house, threatening foreclosure, every few months for the last year and a half!) So now the pool has been open for almost a month, and only TODAY were we finally told that he is making payments to the HOA and the key will not be reactivated until at least mid to late July. We are currently considering purchasing a home. I've spoken with an attorney on JustAnswers, who said we have a right to leave w/o notice, because the owner has breached contract and even taking us to court wouldn't do him any good. I have all the emails to and from the leasing company saved. I just really want some input by anyone who knows the laws governing rental contracts in GA or someone who's been through this or something similar themselves.Our lease says we have to pay a full months rent to break our lease. We paid a full months rent dep to move in. If we had breached the contract, he could evict us, but if he breaches, we couldn't leave early? Even the leasing co said they were thinking about breaking their contract with him because he'd breached it and they were a party to it. The leasing agent did say ours is the cleanest rental she's ever seen, so at least he'll have that when we leave. I don't understand why he can breach the lease, on something that is literally spelled out in a paragraph, without facing repercussions from us...... more

Resolved Question: What are my options if I am facing foreclosure?

Resolved Question: any newlyweds with financial troubles?

Are you having trouble staying afloat in the current economic climate? Did you buy the home of your dreams, only to be facing foreclosure? Did you fall behind in rent and are getting evicted? Are financial woes forcing you to move back in with your parents or in-laws? more

Resolved Question: Ok Liberals what went wrong?

OBAMA'S MORTGAGE RESCUE PLAN IS A FAILURE By DICK MORRIS & EILEEN MCGANN Published on DickMorris.com on June 9, 2009 The data for April and May prove that Obama's plan to rescue those facing mortgage foreclosure is a dismal failure. Since this issue was the cornerstone of his economic program during the campaign, its abject failure is a significant setback for the Administration's economic plan. In the month ending on May 26th, 464,983 foreclosures of subprime and Alt-A mortgages (out of a universe of 3.2 million studied). So 15% of all subprime mortgages were foreclosed in May! Only 19,041 -- a paltry 6% -- were modified during this period. And of those modified, only 11,200 involved any reduction in the monthly payments! Only 12% involved any write-off of interest, fees, or principal and 27% of the loan modifications actually increased the monthly payments due. Alan M. White of the Valparaiso Law School, who conducted the study, noted that the data showed that "the Administration's plan to stimulate mortgage modifications does not seen to have had much effect yet, at least in this market segment" [i.e. subprimes]. And the trend lines are all bad: • The number of loan modifications dropped 11% from April to May. • The ratio of foreclosure losses to modification write downs (the amount lost in foreclosure: the amount rescued by write-downs) doubled in the past month. For every dollar saved in modifications, $150 was lost in foreclosure. When Obama launched his mortgage rescue plan, he promised that it would help five million households. So far, he is about 4,969,000 short of his goal!! When will the subprime foreclosures stop? In about a year when all of these unfortunate people have lost their homes! Why is Obama's plan falling so far short of the mark? The fault is its own restrictions. You cannot get a loan modification if: • You have lost your job • You owe more than 5% above what your house is worth • You are already in default • You have not yet missed at least one payment • Your lender does not want to participate • Your mortgage is not one of the half of all mortgages insured or owned by Fannie Mae or Freddie Mac • The reworked mortgage payment would come to more than 31% of your income • Your mortgage is over $759,000 • The home is not your primary residence The number of beleaguered homeowners who can slip through the eye of this particular needle and qualify for a mortgage modification is tiny. (We discuss failure of Obama's mortgage relief program at length in our new book Catastrophe, due out on June 23rd. Pre-orders of signed books are available at DickMorris.com) And yet there is an easy remedy at hand. Obama should simply say, as they did in Sweden, that the government will simply buy the distressed mortgages from the banks and adjust the payments to make them possible for the homeowners. Then, when the economy comes back, the homeowners could either pay back the government what they owe for the postponed payments or sell the house and repay the feds from the proceeds. If they won't do either, the feds could then seize the house and get their money back. Cost to the taxpayers: zero. In f act, they would likely make a profit. Why won't Obama do this? It's because a Democratic administration cannot throw people out of their homes. Better to let them default and make the big, bad bank do the dirty work. All these facts underscore how cynical was Obama's campaign in predicating so much of its economic message on an appeal to help those facing foreclosure. You don't hear Obama talk about foreclosures any more do you? That's because he knows he has no solution and that he won't offer any. more

Resolved Question: Is this another failure of the Obama administration?

The data for April and May prove that Obama's plan to rescue those facing mortgage foreclosure is a dismal failure. Since this issue was the cornerstone of his economic program during the campaign, its abject failure is a significant setback for the Administration's economic plan. In the month ending on May 26th, 464,983 foreclosures of subprime and Alt-A mortgages (out of a universe of 3.2 million studied). So 15% of all subprime mortgages were foreclosed in May! Only 19,041 -- a paltry 6% -- were modified during this period. And of those modified, only 11,200 involved any reduction in the monthly payments! Only 12% involved any write-off of interest, fees, or principal and 27% of the loan modifications actually increased the monthly payments due. Alan M. White of the Valparaiso Law School, who conducted the study, noted that the data showed that "the Administration's plan to stimulate mortgage modifications does not seen to have had much effect yet, at least in this market segment" [i.e. subprimes]. And the trend lines are all bad: • The number of loan modifications dropped 11% from April to May. • The ratio of foreclosure losses to modification write downs (the amount lost in foreclosure: the amount rescued by write-downs) doubled in the past month. For every dollar saved in modifications, $150 was lost in foreclosure. When Obama launched his mortgage rescue plan, he promised that it would help five million households. So far, he is about 4,969,000 short of his goal!! When will the subprime foreclosures stop? In about a year when all of these unfortunate people have lost their homes! Why is Obama's plan falling so far short of the mark? The fault is its own restrictions. You cannot get a loan modification if: • You have lost your job • You owe more than 5% above what your house is worth • You are already in default • You have not yet missed at least one payment • Your lender does not want to participate • Your mortgage is not one of the half of all mortgages insured or owned by Fannie Mae or Freddie Mac • The reworked mortgage payment would come to more than 31% of your income • Your mortgage is over $759,000 • The home is not your primary residence The number of beleaguered homeowners who can slip through the eye of this particular needle and qualify for a mortgage modification is tiny. more

Voting Question: What are the steps to foreclosure in Michigan (Detroit area)?

Unfortunately I've run into some problems with my house. My job has recently cut my hours tremendously, to the point where I can't make my monthly payments. I cant sell the house, because my mortgage was more than the house is worth. I might have to face foreclosure or a short sale. What is the process to both, and where can go from here? Thanks more

Resolved Question: Older seniors, if you had won the 232 million Power Ball, what would you do with the 88 million take home?

A 23 year old son of a poor N Dakota rancher won the recent Power Ball. His familys' ranch has been facing foreclosure and are many thousands behind in payments. He said he owes the town for carrying his family, and intends to make it up to them, three fold. He also plans to buy his own ranch and stock it. I am glad a family so in need is now going to be breathing easy for the first time in their lives. Thinking as we seniors do, about responsibility and honesty, what would you do with such an amount, knowing you had few years left to live? Would it be one never ending vacation? Or would you put most of it to good use? I'm interesting in hearing your mature replies. more

Resolved Question: Can Anyone Tell or Show me?

Can anyone tell or show me when the last time the Obama camp reached out to the working poor and middle class of this country? These are the people that actually work for a living. However, many are facing loss of jobs, homes in foreclosure and an uncertain future for them and their children. I was under the impression that a government and it's leadership were to reach out, reassure and shake hands with a great multitude of working, tax paying citizens that are suffering and losing their shirts every day. Is there even a plan in place for these people? The Obama camp should be in an RV right now crossing country to see whats really going on instead of touching down in Marine One for a 24k night out in NYC on the taxpayers. Supposebly, we live in an advanced, "civilized" society. Things seem to be getting more and more absurd. We need leadership that represents the masses, will push to strengthen the middle class and establish a socialized system in the United States. The time has come. This will never happen under capitalism and the current leadership or administration. Please tell me I'm wrong. Thank you. more

Resolved Question: Do you know anyone who is suffering due to this recession?

like they cannot find work, or are way behind on their bills, facing eviction or foreclosure. more

Resolved Question: Can I evict a tenant if I am facing foreclosure on the home?

If I have a tenant / lease agreement in place for another 6 months and I am going to lose the home, can I evict them in lieu of the foreclosure? I want to "Short Sale" the home to control the damage but the tenants are not cooperating with showings. more

Resolved Question: Why can't Obama supporters understand the critique from his left is the most damning?

Yes, he did oversee the largest transfer of public treasury funds into the hands of private, Wall Street banking, brokerage and other finance firms. No, it did not help the economy. It helped these firms. And he provided nothing for those facing foreclosures, except too-little-too-late remediation on top of nothing but rhetoric. Yes, he is continuing the war in Iraq, escalating the war in Afghanistan, and extending the war into Pakistan. Yes, his recent appointment to the Supreme Court is actually a friend of big business over middle-class concerns. Yes, he is continuing military tribunals. No, he is not providing government transparency. Yes, he did shred union contracts, forbidding the right to strike and cutting wages in HALF, shredding benefits and pensions to near nothing. On the other hand, when he bailed out the banks and brokerage firms, he feigned outrage about bonuses, but did NOTHING about them. These are FACTS. Try to dispute them with EVIDENCE. You cannot. The list goes on and on. Why can't the liberals see that the biggest failure of Obama is to liberalism itself--that he's failed you on YOUR OWN TERMS. Note: I never had ANY "hope" in his "change you (can't) believe in." I knew he was a conciliator and fraud two years ago. I looked at his record of big rhetoric, back-down, and it was consistently obvious. Never mind what he SAYS. He has done nothing for workersI think that Obama's "plan" is to make two great classes: the super elite financial oligarchy on the one hand, and the state-dependent poor on the other. The very name "middle class" is a misnomer and an anachronism.I was a FIERCER critic of Bush. Obama did more damage BEFORE he got into office than can be reversed into "change" for the better. more

Voting Question: How can I protect my family from my terrible sister-in-law?

Long story short: my brother married THE most selfish, self-centered, childish, tantrum-ing, BRAT of a woman. my entire family does NOT like her, and she has dragged my brother through the mud in so many ways. the first time our family even heard about her was when my brother said "here's my girlfriend...she's pregnant", then got married a couples years later, had another baby, bought a new-construction house (which they couldn't afford), immediately after had to file for bankruptcy, borrowed THOUSANDS of dollars from my parents, then faced foreclosure, and moved into my parents house RENT FREE, with their 2 children, and decided it would be a good time to have a third child...while still living at my parent's house, and after my brother quit his job! not only has this been a financial strain on my parents, but their COMPLETE lack of appreciation or help has now caused severe health risks to my father. recently, he was diagnosed with cancer, and their house has become so incredibly FILTHY!! (if you've ever seen the show "how clean is your house?", THAT'S how bad it is!!) well, i've decided that since my dad's first surgery is in a few weeks, and my parents are going to visit my GOOD brother in Florida for a week, it would be a good time for us all to get together and clean the house for my dad while they're away. it's an EXTREMELY big job, and we definitely need all the help we can get! MY husband (who works 3 jobs, and has also battled cancer), is fully willing to help out, but my sister-in-law, is more concerned with relaxing on her "days off", than rolling up her sleeves, and helping make the house better for my dad. (and when i say filthy, i'm talking MOLD, and MILDEW, and a slew of bacteria and diseases EVERYWHERE). with every suggestion i make, my brother keeps throwing up road blocks to try to wriggle out of helping or doing any REAL work! this is something that NEEDS TO BE DONE for my dad, and the job is WAAAY TOO big for me and my husband to do alone, so how to i encourage them to help, without COMPLETELY bitching them out? (which is what i feel like doing.) i am scared to death that in my dad's fragile state, he'll come home from the hospital on the way to recovery, only to have complications because he caught something from their FILTHY house. PLEASE HELP!!!in the past, i have bitched my brother out for their selfishness, neglectful parenting practices, among other things. i am the only one in my family who is not afraid to speak my mind, and say what everyone else just says behind their back. so, again, i have no fear of busting out the claws over this. HOWEVER, it think it would be counter-productive to yell for THIS situation, because they are both so stubborn, they will just NOT help at all if they think i'm "judging" them. so, i have been talking to my brother, and made it clear that THIS IS FOR DAD, and NOT FOR ME. so far, i have had positive and optimistic attitude and manner while talking to them. i've really playing the sympathy, and fear cards, and unfortunately, i had to play the "remember when my husband had cancer?" card. but, i've repeatedly said that i am very concerned for dad's health if we don't do something. more

Resolved Question: Foreclosure question- can a lawyer answer this for me?

I might be facing foreclosure soon. Does the mortgage company give you a chance to move your stuff out or do they just come in and say get out? Has anybody out there been through this? more

Resolved Question: Landlord going foreclosure, do I have to pay rent?

I'm in Minnesota, for the 2nd time in 2 years my landlord is facing foreclosure. Here we go again, having to move against our will plus all the expenses involved when one moves. My second landlord failed to renew our lease last summer of 2008. Last January 2009, we've got the dreaded visit from the county sheriff to notify that our landlord was on default. Under MN law, the landlord has 6 months to redeem the property from the bank, this upcoming June 6th, the bank will take over the property. The landlord already admitted she wont be recovering the property so she agreed to pay her $800 a month (from $1,200). My wife got down to 3 days in her job and last month we only sent her $500 for rent. We are struggling to keep up with our current bills plus saving over $2,500 for a new month deposit and rent plus the expenses involved while moving. We gave the landlord when we moved in a $1,200 deposit plus a month of rent. That deposit thinned by a few hundred dollars a few times when our rent was a day or 2 late for a left over amount of around $800 still on our favor. Today is May 27th and in 9 days this property will belong to the bank. Should I pay these folks the rent? They just left a message saying they were going to legally proceed. What are my options or rights if I have some? Thanks in advance for your help.Until what extent is legal to charge rent when the LL already failed to renew a lease, admitted she wont be recovering the property. All this money is going to her nice life style while we tenants are in a very sour situation. She wont be solving anything with the rent nor with the property. Every thing we have payed her since last October 2008 has been a nice $1,200 gift to her. I know, I don't want to sound like I don't want to pay. But at this point it wont solve my problem. I'll be taking pictures of everything, I don't want to be blamed for vandalism or missing appliances.Since I can no post myself, seems like user ''landlord'' is speaking on behalf of other landlords below. As another poster mentioned, I believe that my landlord (or any LL for that matter) is breaching the contract. Now, if a LL with lets say 6 to 8 properties is in default and no intention on paying these mortgages, the law is basically forcing us tenants to award this LL's with no less than $50k or more over a period of 6 months. Add those 6 months to the ones the LL hasn't been paying. Give or take a LL with 6 to 8 properties can get around $60 to $75k (maybe more) for FREE in a period of 6 months plus the ones he/she's been defaulting for a while. more

Resolved Question: I am currently in Chapter 13 Bankruptcy, I am facing foreclosure can I refinance?

I've been in Chapter 13 for about three years now, I missed two mortgage payments, and now I have defaulted. I have over $70,000 in equity can I refinance for a lower interest rate, about $10,000 cash out to make some home improvements, and with whom? What bank takes chances with Chapter 13 refinances? more

Voting Question: Neighbor is facing eviction. How can I be sympathetic but keep a healthy distance?

My neighbor is currently looking at a eviction due to non payment of mortgage. Her property was sold a week or so ago at auction but she still lives here. She has been knocking at oiur door to update my spouse and I on her situation. I feel for her big time, but really don't want to be sucked in to the self made drama. This lady knew her proprty was going to foreclosure, doesnt' work, hasn't been looking for a job and literally is just living in her unit rent free..... I know times are hard, but some of this is a choice... and hers is hers like mine is mine. I am ignoring the knocks on the door, but really what else can I do? more

Resolved Question: Can I get my husband 2008 tax return from IRS?

My husband left me and our son on November 2007 for a 21 years old girl that he met on the bar. He moved to live with her in NY. On November 2008 I filed for divorce. He has not gave me any money for the supports that the court ordered him to do. There are 3 court orders ordered him to do so and at this moment he violated all of them but eventhough I asked bench warrant for him the court still not grant me the paper to do so. I am facing foreclosure of my house and bills get disconnected due of his lack of support. He owe almost 10,000 dollars in child support. He was making 110,000 when he left me, and now he wants me and the court to believe that he only make 60,000. He is working with his cousin and I do believe that his cousin help him to forge his salary. He has been working there for almost 5 years, but his paycheck shows that he just started working there on February this year, the same time the Child Support Probation Officer tried to enforse the court order. I believe he is trying to hide his income because at this moment he is living with one of his young employee and she is making around 70-80,000 dollars. My question is can I go to the IRS and asked them about his 2008 tax return since I am leggaly still his wife because the divorce is still not final?. There is a court order ordered him to give the court his 2008 W2 and tax return but he refused to do so. I told him and the court that I don't want anything but child support and alimony since we've been married for 10 years and I have been out from work for 7 years to take care of our child. At this moment I am working but I don't make a lot of money and I need help. Please help me? more

Resolved Question: Deed in Lieu of Foreclosure Implications?

Deed in Lieu of Foreclosure Implications in the State of: TX My husband and I purchased a home in Houston in March 2007 and unfortunately, got relocated to Illinois in September of the same year. We were very lucky and rented our home for a year. Unfortunately, we lost our tenant and have now had the house for sale for over 3 months. We just received a Deed in Lieu of Foreclosure Agreement and we are trying to figure out if this is really the best way out instead of going through foreclosure. Since we don't live there; we haven't been eligible for a refinance and we've been paying taxes on the income from rent so as you can imagine, we would like to dispose of the house in any possible way. Since we were facing foreclosure anyway, a DIL sounds much better but we want to be informed of any potential repercussions in taxes/etc. that might come up in the future. Is it really a "forgiveness" for our mortgage or will it come back to haunt us in the future? Any help would be greatly appreciated! more

Resolved Question: My wife is on the title but not the mortgage. We are facing foreclosure. Can she be held liable?

I am looking into filing bankruptcy but I am just wondering if the bank could come after her even though her name is not on the mortgage, only the title. We have no joint credit. more

Resolved Question: My grandpa is cheating on my grandma...? Help me with figuring out this divorce....?

I'm a college student and do not know much about the divorce process and/or divorce lawyers. My "grandpa" (not by blood) drove my grandma into debt. It got so bad that their house is facing foreclosure and he sold back my grandma's car without her permission. He came to my father asking for $10,000.... and ended up admitting to my father that he married ANOTHER woman while still married to my grandma. He asked my father not to tell anyone (which of course he told me and my mom)... and we are trying to figure out what we can do. I know my grandma would never want to hurt her husband, so we are afraid when we tell her she will just not be strong enough to pursue the divorce. Since my grandma is in so much debt BECAUSE of her husband (We found out her purchased his new wife a ring for $10,000)... is there something a divorce lawyer can do to help out my grandma? Also, how the heck did he manage to marry twice? And... he told my father that he never signed the new "marriage papers"... would there be a way to find evidence on this new marriage, even if perhaps it was never fully legalized? We know they married in a church close to their house.... can the church release those records? I know this is so much, but any advice overnight would help. Thanks. more

Resolved Question: What are the homeowner's choices when faced with foreclosure?

Resolved Question: am i alone...? cuz i feel like i am! =(?

ive lost all hope. i am lonely, distressed, depressed, and just frustrated. im just done. i dont know how much more i can handle. im losing everything. and im not good enough. im losing family, cuz im not a good enough daughter/sister/cousin. half my family has pretty much disowned me. my dads not even talkin to me right now. im losing friends cuz im just not good enough. i dont know who my real friends are anymore. i did everything i possible could, and got shit and backstabbed in return.who can i trust? im losing my house cuz its goin under foreclosure, and i dont know where to go. im gettin evicted in like a few days. i think im losing my boyfriend cuz im stupid and said some things i shouldnt have, and im not good enough. and now im bored and lonely in my room, rather than enjoyin a summer night with him. im losing it. i dont like school. im in my 2nd year of college and i just feel like givin up. im sick of work too. i dont enjoy it like i used to anymore. i dont enjoy anything like i used to anymore. i never want to do anything anymore. i just wanna sit in my room all day and sleep and cry. i just want to think and dream, and not face all the things bringin me down. i dont feel well anywhere i go. not at my house, which i wont have soon, not at work, not at school, not with friends, or anywhere. the only place i felt ok at was my bfs house, but things are wierd right now, so i havent been able to go for awhile. i lost that too ='( and everyone leaves me, and im lost and alone. and dont know what to do anymore. nothing seems to comfort me, and the few things that could make me feel better, i cant have. people are tired of hearing it. and all i do is sit in my room and call suicide prevention hotlines. i see a therapist, but i feel i dont get to see them enough. and im just sittin in my room, and dont wanna do anything. dont wanna get up. just wanna sit, and cry, and fade away. more

Resolved Question: How to avoid foreclosure?

this morning i was cleaning up my house and found a letter to my mom stating that she owes over $9,000 and if it is not paid we will be facing foreclosure. I also know that my mom's bank account holds under $9,000 as she had me get money out of the ATM the other day. I need help or a job for people under 16 more

Resolved Question: We are under a land contract for our home. What can we do if our landlord is facing foreclosure?

I checked out our address on foreclosure.com but it says that it has no records of our home going into foreclosure. However, we have received many letters and postcards that state they can help save our home and that courthouse records show that we are at risk of losing our home. We are under land contract to purchase the home. If our landlord forecloses the home is he obligated to refund our down payment? What are our rights? more

Voting Question: Who can tell me the California procedure that I will face because I have not paid my rent?

Im renting a house that is in the beginning stages of foreclosure. It's been put up for a short sale. I asked my landlords to consider making an exception in releasing my security deposit to me upon moving rather then going w/ their normal walk through AFTER house is empty and then giving to tenants in 2 weeks. They have refused to budge on that so, my husband and I decided to let them keep it and we won't pay them rent for the last month we are there. We signed a new lease for June and plan to move. I have not submitted a letter or called our landlord but they left me message today to contact them by tomorrow or they will send a letter to vacate. Now, here is where I need your expertise; hopefully from someone who has recently been through this similar situation. On a Month to Month lease- will they issue a 3 day or 30 day notice? second, if it is a 3 day notice and I don't move by then what happens? Can they show up at the door? I basically want to know if I will be ok until the end of the month at least. But would like 30 days if possible. We've been good tenants and had no choice to do things this way.... Please only respond if you really know what the California Tenant/landlord laws are. Please be specific to detail. Thanks for your help.Ok people, I know what would happen in court but I'm not letting it go that far. So, if you are a landlord or property mangr. then I don't want your opinion probably. I need a response from someone who can get me through this w/o going to court. ....and again, they technically have rent from me for this month. They're house is in excellent condition and will be left clean and better then they gave it to me! I would not be moving if they didn't stop paying on their home which has now lead into foreclosure. more

Resolved Question: Should Obama be worried that foreclosures during April are UP 32% from last year?

Seems like this whole house of cards is coming down soon enough. http://finance.yahoo.com/news/RealtyTrac-April-foreclosures-apf-15225719.html The number of U.S. households faced with losing their homes to foreclosure jumped 32 percent in April compared with the same month last year, with Nevada, Florida and California showing the highest rates, according to data released Wednesday. Ohio was in the top 10............"We've never seen two consecutive months like this," said Rick Sharga, RealtyTrac's senior vice president for marketing. "It's the volume that's surprising." While total foreclosure activity was up, the number of repossessions by banks was down on a monthly and annual basis to their lowest level since March of last year, RealtyTrac said. But that's far from positive news. Because much of the foreclosure activity in April was in the default and auction stages -- the first parts of the foreclosure process -- it's likely that repossessions will increase in coming months, RealtyTrac said.alarmist...........I didn't forget.alarmist........also, are you implying these numbers are somehow positive?? more

Resolved Question: Need to get house arrest for my brother. Please help!?

I want to help get my brother out of jail and into house arrest. I am not sure how to do this. (We need his help at home due to economic issues, very dire.) I spoke to our lawyer and he said that it has nothing to do with the judge, since he made a deal with the DA. Our lawyer never told us anything about this deal, and promised that my brother would do only 40% of his sentencing. Now, my brother has served more than 40% and he is still in prison. I spoke to our lawyer and he denied that he would only serve 40% of the time that he was sentenced. I did not trust out lawyer anymore so I decided to speak to another lawyer and he said it has nothing to do with the DA at this point since his job is done. My lawyer says that the judge can not do anything at this point because he made a deal with the DA. I am very confused and need some help. My family really needs my brother to help out at home or else we face foreclosure. I am not asking for him to be released, just for house arrest. Please help me if you canThank you for all the responses. Will Y, my dad sells things on ebay for a living so my brother would be able to help out a lot. My dad does not speak much english.What do you suggest I do now? Try to speak to the judge? Thank you more

Resolved Question: Would i lose my car if my house goes into foreclosure?

I'm facing foreclosure as we speak but prior to this we had gotten a home equity for couple of thousands of dollars ,so we decided to make payments to bills that we had stacked up and i bought my first car in full with a check that they provided me with but now i'm worry if they would actually come after my primary car. more

Resolved Question: My uncle just did a quick claim deed to avoid foreclosure, and i am the grantee. what are my risk in this.?

Please list the problems that i could face by agreeing to this.but I only took ownership of 25% of the property, when the lender foreclose on the house will the foreclosure be on my credit now. I understand that the lender will still foreclose on the property I just want to know how this will affect my credit now that I own 25% interest in the property now..Thank you more

Voting Question: I'm facing foreclosure and I'm needing help fast do you know anyone that would be guaranteed to help?

I'm a single parent of two and I'm trying to find help but I see all these help place but who is real?I'm trying to find a company that could help me save my home and fast. more

Resolved Question: Im facing Foreclosure . Need advice please?

My wife and I are facing foreclosure. Our Sheriff sale is coming up in about 12 days. We have been late on our payments due to lack of income. I am working with my mortgage company to modify, but they are not moving fast enough, and i feel that the sheriff sale will come faster than a decision being made. I cannot afford my current payment; I would need them to bring it down about $400 per month to make it work. We have three options and I am wondering what option is best. Keep in mind that I am not overly concerned about my credit at this point. Option 1) Pay the reinstatement amount to the law firm that the bank has hired. This amount is more than I have in saved money and I would have to borrow from family members to pay it. And I would be broke after I came current. Option 2) chapter 13 option3) Let the house go and go rent and really save money. By the way, I am about $50,000 upside down in the house. I do not have long terms plans to stay in the house either. I cannot see me breaking even in my house in the area where I am located (Mich) for several years. Eight years maybe. Any advice would help me and my family out tremendously Thanks. more

Resolved Question: How do I respond to a small claims suit?

I was served with a small claim suit for a med. bill.My spouse and I are both unemployed and facing foreclosure. I know I'm responsible for the bill, but my I cannot even keep my utilities on, I''m not sure how to handle this suitI cannot afford to pay the bill, or even make a committment to any sort of payment arrangements at this time. The papers are unclear, and make it seem like I need to come prepared to make payment in full unless I want to dispute the debt. Bankruptcy has crossed our minds, maybe it's closer than we thought. If I don't show up or respond, what could the penalty be for that? more

Resolved Question: Can Mr. Obama cure swine flu the way he helped the people facing foreclosure and bankruptcy?

Resolved Question: How do you walk away from a Mortgage?

I'd like to hear from someone either having gone through already or someone in the know - not just someone who wants to chime in - Facing foreclosure - possible loan modifcation - but considering walking away and accepting the foreclosure - what do you have to do? as in keep utilities on mail keys etc etc - thanks more

Resolved Question: I'm in foreclosure. Help me move on please.?

I'm 16 years of age. I faced this before when I was in 8th grade. I'm in it again. I was once homeless. My normal life is always hyper and giddy. I live off of photography, but for the last months, my friends noticed that I never even get involved with photography anymore. I'm extremely depressed for a 16 year old. Give me tips and words to move on please. I'm not emo. I'm just down now. Just need a bit of a foundationxTracker2k9-- it's not a block that I have. I never run out of ideas. I'm saying that economy and foreclosure is affecting me so much that at a very young age, I don't even keep in touch with things that I alwys enjoyed. And where I'm at, teenagers do not have jobs because everyone else has them. One of my only optiosn to make good money is prostitution. The rest are all for adults. more

Resolved Question: More foreclosures, layoffs, shutdowns? Expect the government to take care of you?

Can you hunt, fish and camp out and forage for food? Got tents and equipment? Hope you are strong and healthy because there will be no funding for anything but first aid health care. Better get off that couch and start preparing, my friend. The numbers don't lie but the politicians and mainstream media will lie until the sheet hits the fan. Study the facts, study the numbers, and face the reality. It is coming at you, my friend. Use this final time to try and make yourself and family ready. more

Resolved Question: Do you know how to find someones contact information online ie: phone number?

I assist people with with their homes who are facing foreclosure and I have a ton of names and no number or address to call them the only thing I got is name city and state. I want to contact them asap and I don't want to use white pages because many of them don't live at the same address anymore which means I can't get their current number . Any assistance please with that? more

Resolved Question: What is Obama's real agenda?

The political background against which the 2008 US Elections took place was hardly a predictable one. (R)Senator John McCain of Arizona, a decorated war veteran and proven leader ran against the relatively unknown (D) Senator Barack Obama of Illinois. One major difference separated these two men: Barack Obama’s charisma and political savvy. Senator John McCain certainly fit the bill to be appointed to the highest office in the world, but he lacked the flair and flamboyance of Senator Barack Obama. While Obama was able to rattle off the right words as effortlessly as greased lightning, McCain would fumble and stutter – not through his inability for structured thought and strategic leadership, but rather through his incompetence as a public speaker. Obama wooed voters with his dynamic approach. He made use of the internet, public funds and a huge disillusioned base of Bush-era fatigued voters. The failed war in Iraq – often cited as the legacy of the Bush Presidency, was usurped by the Obama administration for all its worth. Voters needed a scapegoat and all Bush-era doctrine and foreign policy bore the brunt. It was a case of old-school Republican failures vs. an era of Democratic liberalism and inflated government. Obama promised a rapid de-escalation of the Iraq war effort, a focus on education and clean energy, affordable health care, special attention on minority rights and a total break from the past. McCain was blindsided by his own campaign. They painted him as the humble, decorated war hero of yesteryear. McCain has been toted as a self-made man, a leader of men and a qualified candidate for the world’s highest office. But McCain failed to offer what it was that the Obama campaign was so successfully promoting – Change. Americans had long grown tired and distrustful of a war effort that was based on false assumptions. There were no WMD in Iraq. It appeared to the public as if Bush and Cheney were pursuing a personal agenda of the old-school Republican think tank: attack Iraq, destroy its infrastructure and seek to impose democratic governance through unilateral initiatives. Bush was a man of action, not scared to act alone when the world dragged its feet. This proved fatal at some points, especially when America’s actions were deemed illegal and expansionist by parties in the region. Bush acted on his threats and he cautioned the world against the rising threat of Islamic militancy. The EU and other allies of the United States were war weary and they were reluctant to commit themselves to an unpopular military campaign with no end in sight. Britain, a longtime friend of the United States, withdrew its forces followed by other countries. Owing to global protests against the war efforts, rising costs in civilian and military casualties and the enormous financial burden entailed, the war rhetoric was losing support at a geometric rate. Against this backdrop of declining support for President Bush – all-time low approval ratings ensued – Barack Obama ascended the ranks of the Democrat Party. He brushed passed Hillary Clinton who ultimately had nothing but praise for the new candidate. Obamania had gripped the world. Barack Obama was simply unstoppable. He spoke of change, of Main Street and not Wall Street, he championed the little man and not the corporate, he spoke effortlessly and plainly of the challenges that Americans face on a daily basis. Then the Achilles Heel of the Republican campaign struck. The Global Crisis of late 2008. Within a short period of time the housing crisis, mortgages banks, sub-prime lending rates, credit crunch and international insurers and financial/investment houses hit the headlines. It wasn’t good news that was awaiting the world. Massive and widespread layoffs and unemployment ensued; corporate bankruptcies by the dozen, home foreclosures, credit drying up and a crisis of unimaginable proportions gripped the global market. Fear and panic swept like a raging wildfire through the hearts of Americans as first their jobs, then their homes and their families’ livelihoods were at stake. Obama was elected to the highest office. McCain was relegated to the annals of history as the man who challenged, but was ultimately defeated by President Obama. This was the coup de grace of the Obama camp. McCain and his old school Republican friends were seen as the enemy by the American people. Bush and anyone associated with him was a symbol of failure, of unilateralism, of deceit. The Republicans were seen as pro-corporate and against the average working-class American. Obama promised tax-cuts to 95% of Americans, according to his perception of income brackets. McCain could only cling to Obama’s coattails and offer the American public that he would work alongside Obama in the new presidency. Obama seized on this crisis and presented what appeared like a workable plan to the American people. This came in the form of a massive and unprecedented bailout. Hundre more

Resolved Question: Why does US bailout ISrael's economy,not own citizens?

US Senate moves to fully fund Israel aid. As the Zionist Power Matrix continues to loot billions in tax dollars from Americans, how many Israelis are facing foreclosure on their homes? Hundreds? Thousands? Try running a Google search and see if you can find just one article reporting the number of Israeli homeowners facing foreclosure. Good job Senate! While millions of Americans are out of work and millions more are living from paycheck to paycheck contemplating which bills they can afford to pay. The US Senate included a measure to restore full funding for foreign aid to the budget it approved late Thursday, increasing chances that the pool of money including assistance for Israel wouldn’t be cut. The $3.5 trillion document passed by the Senate includes a $4 billion boost to the foreign operations appropriation, bringing it up to the $53.8b. sought by President Barack Obama. Sen. John Kerry (D-Massachusetts), chairman of the Senate Foreign Relations Committee and co-sponsor of the amendment, defended the move as important to advancing moderation in the Middle East. Also on Capitol Hill on Thursday, a coalition of rabbis and Jewish community activists were joined by members of Congress at the presentation of a petition with thousands of signatures calling for comprehensive immigration reform. A gathering of rabbis representing Judaism’s four major branches as well as Jewish immigration activists, including the Hebrew Immigrant Aid Society, one of America’s oldest immigrant aid groups, was in Washington to present the petitions, signed by 3,600 people, ahead of Pessah. The coalition was welcomed by two Jewish members of Congress, Rep. Jan Schakowsky (D-Illinois) and Rep. Jerrold Nadler (D-New York), who said they would urge immigration reform that would act humanely toward the 12 million undocumented workers in America. Full article is here (Jewish Post Newspaper): http://www.jpost.com/servlet/Satellite?cid=1238562906554&pagename=JPost%2FJPArticle%2FShowFull How do you like it Democrats ?As the Zionist Power Matrix continues to loot billions in tax dollars from Americans, how many Israelis are facing foreclosure on their homes? Hundreds? Thousands? Try running a Google search and see if you can find just one article reporting the number of Israeli homeowners facing foreclosure. more

Resolved Question: Why is the government suggesting that people that believe in the 2nd are terrorists?

dhs report. (U) Key Findings (U//LES) The DHS/Office of Intelligence and Analysis (I&A) has no specific information that domestic rightwing* terrorists are currently planning acts of violence, but rightwing extremists may be gaining new recruits by playing on their fears about several emergent issues. The economic downturn and the election of the first African American president present unique drivers for rightwing radicalization and recruitment. — (U//LES) Threats from white supremacist and violent antigovernment groups during 2009 have been largely rhetorical and have not indicated plans to carry out violent acts. Nevertheless, the consequences of a prolonged economic downturn—including real estate foreclosures, unemployment, and an inability to obtain credit—could create a fertile recruiting environment for rightwing extremists and even result in confrontations between such groups and government authorities similar to those in the past. — (U//LES) Rightwing extremists have capitalized on the election of the first African American president, and are focusing their efforts to recruit new members, mobilize existing supporters, and broaden their scope and appeal through propaganda, but they have not yet turned to attack planning. (U//FOUO) The current economic and political climate has some similarities to the 1990s when rightwing extremism experienced a resurgence fueled largely by an economic recession, criticism about the outsourcing of jobs, and the perceived threat to U.S. power and sovereignty by other foreign powers. — (U//FOUO) During the 1990s, these issues contributed to the growth in the number of domestic rightwing terrorist and extremist groups and an increase in violent acts targeting government facilities, law enforcement officers, banks, and infrastructure sectors. — (U//FOUO) Growth of these groups subsided in reaction to increased government scrutiny as a result of the 1995 Oklahoma City bombing and disrupted plots, improvements in the economy, and the continued U.S. standing as the preeminent world power. (U//FOUO) The possible passage of new restrictions on firearms and the return of military veterans facing significant challenges reintegrating into their communities could lead to the potential emergence of terrorist groups or lone wolf extremists capable of carrying out violent attacks. * (U) Rightwing extremism in the United States can be broadly divided into those groups, movements, and adherents that are primarily hate-oriented (based on hatred of particular religious, racial or ethnic groups), and those that are mainly antigovernment, rejecting federal authority in favor of state or local authority, or rejecting government authority entirely. It may include groups and individuals that are dedicated to a single issue, such as opposition to abortion or immigration. UNCLASSIFIED//FOR OFFICIAL USE ONLY UNCLASSIFIED//FOR OFFICIAL USE ONLY Page 3 of 9 — (U//FOUO) Proposed imposition of firearms restrictions and weapons bans likely would attract new members into the ranks of rightwing extremist groups, as well as potentially spur some of them to begin planning and training for violence against the government. The high volume of purchases and stockpiling of weapons and ammunition by rightwing extremists in anticipation of restrictions and bans in some parts of the country continue to be a primary concern to law enforcement. — (U//FOUO) Returning veterans possess combat skills and experience that are attractive to rightwing extremists. DHS/I&A is concerned that rightwing extremists will attempt to recruit and radicalize returning veterans in order to boost their violent capabilities. (U) Current Economic and Political Climate (U//FOUO) DHS/I&A assesses that a number of economic and political factors are driving a resurgence in rightwing extremist recruitment and radicalization activity. Despite similarities to the climate of the 1990s, the threat posed by lone wolves and small terrorist cells is more pronounced than in past years. In addition, the historical election of an African American president and the prospect of policy changes are proving to be a driving force for rightwing extremist recruitment and radicalization. — (U) A recent example of the potential violence associated with a rise in rightwing extremism may be found in the shooting deaths of three police officers in Pittsburgh, Pennsylvania, on 4 April 2009. The alleged gunman’s reaction reportedly was influenced by his racist ideology and belief in antigovernment conspiracy theories related to gun confiscations, citizen detention camps, and a Jewish-controlled “one world government.” (U) Exploiting Economic Downturn (U//FOUO) Rightwing extremist chatter on the Internet continues to focus on the economy, the perceived loss of U.S. jobs in the manufacturing and construction sectors, and home foreclosures. Anti-Semitic extremists attribute these losses to a delibeyes it is............................ more

Resolved Question: What will happen if you allow your home to go into forclosure?

This is the situation. My cousin purchased her new home without sell her first home back in 2007. The first home never sold and she has been making two mortgage payments since then. She is not able to make both payments any more and has falling behind on the monthly payments of the first home and facing foreclosure. I advised her to call her mortgage bank and explain her situation to see if there was anything that they could help her with, but she was informed that he was denied for the payment program that they had. What choices does she had at this time?? more

Resolved Question: how do you pay debts if you are facing foreclosure?

We have a huge amount of debt and we were counting that if we could at least sell the house we could ended up with some money to pay our debts. now things have become more complicated because of foreclosure and we have to present in court. Is there anything that can be done to save us? more

I Am Facing Foreclosure Resources