|
||||
| | ||||
Posted by Reinstatement Services, Inc. on April 23, 2002 at 13:05:27:
In Reply to: Re: CHAPTER 13/FORECLOSURE posted by KARMINE on April 23, 2002 at 11:46:33:
So your lender has agreed to modify your loan after a year or so of nonpayment. They've asked for legal fees to do this...and its still not enough.
So far as not understanding why you are responsible...Its YOUR loan. Not the court's.
Your lender didn't bring this third party into the scenario...YOU did. You'll have to deal with the mess.
Your lender is not the enemy, Karmine. Poor planning and lack of attention to the details got you into this.
You have a situation with your loan and obtaining $3500 to save your home. You can choose to spend your time going round and round on whether the court dropped the ball or whether the lender should have stepped up to the plate in a more timely fashion. However, both contemplations are irrelevant. You owe the money.
Even so, your lender has agreed to assist you in getting the loan back on track and you are balking, stalling, and looking to cast blame.
Its time to do the grown up thing and face the facts. You can't afford the house. You don't have a job. And, I AM LOOKING isn't good enough.
So you're left with the alternatives outlined in the prior communication [possibly with the exception of bankruptcy]. Rest assured, if you don't get moving in a positive and productive manner [like enlisting the services of a realtor] YOU will end up losing even LARGER than you currently imagine.
