If you are in the midst of a financial crisis, you probably feel like your world is caving. I know what it's like to be a sheriff doorbell rings and serve the papers. Maybe when you are facing foreclosure on your home to get the mail from the mailbox to be a frightening experience. I need help to deal with the mortgage on my house and you will too.
First, let me say at the outset that I am not an expert and MP I can not give you legal advice. If you can afford a lawyer and I encourage you to hire one. I could not afford a lawyer when you are having financial difficulties. I had $ 1,600 MP expenses need to help me. However, I was afraid to give up that amount of money. My thought was, "If I'm going to lose the house, why give up the $ 1,600 that could be used for other expenses."
However, I was able to find a lawyer who was willing to consult free. It was like an angel because when I left his office, I felt like a ton of bricks had been lifted from his shoulders. Took an hour of his time explaining what the bankruptcy process as. Visit his office was one of the best decisions I ever made when it comes to my financial crisis. I slept well for the first time in years.
I would recommend that if you can find an attorney who is willing to consult with you for free, and get his office as soon as possible. Know where you are in the judicial process and get advice from a lawyer about your options. Lawyers often get a bad reputation based on ethical behavior, a small minority of lawyers. Finding the right, you will feel more confident to avoid foreclosure on your home.
Now, if you looked to get the applicant but had decided against it, you still have options. I could get my loan modified and lowered my interest rate to 2%. The Bank has also been able to roll my missed payments again in the mortgage and pay my taxes and insurance for the year. I am grateful that the bank is willing to work with me to keep our people in our homeland.
I realize that your situation, you may be very different than mine. However, if someone told me that my bank would be willing to drop my interest rate and catch up with all my missed payments, and you said they were crazy.
Please consider trying to get the bank to work with you. If they can, and probably will. It's not in their interest to evict you from your home. They really do not want to proceed with foreclosure on your home. This is not because they care about you, even if they can. This is because it does not make sense financially for them unless there is a ton of equity in your home. I am convinced that the banks decide to foreclose on the basis of equity in the house. If so, my house was foreclosed on.
As I mentioned above, you have the steps you can take to avoid losing your home. The only thing you can not do is "do nothing." If you ignore the financial obstacles in your life will overwhelm you in the end and knock you out for good.
I do not want you to lose your home and know that you do not want either. I can not promise you that things will go, but I can assure you that if you have done your best, you will have no regrets. I do not want to beat you in five years because you did not act quickly and wisely.
