Focus now on saving your house, get even later.
Posted by Ward-CA- on November 29, 2002 at 21:08:52:
In Reply to: Bank LIED TO ME posted by Joy on November 29, 2002 at 19:48:39:
: I filed for Chapt 7 bankruptcy, and have already had my 341 meeting. I own a home in NY State, and I was at the time of filing bankruptcy, only 1 month behind on my payments. I contacted my mortgage company to find out what assistance they could offer me to help me catch up, so that I would not be consistently 30 days late on my payments. They informed me of certain criteria that had to be met in order to 'qualify' for their programs, and each one needed me to be 60 days late, not just 30, I have to be gainfully employed which I am, and able to pay the payments that were agreed upon when I bought the house, which I can do. So I did what they advised, I let the payments slip to 60 days behind, and even received a packet in the mail telling me about the special programs they offer to help those that are behind in their payments. Lo and behold, last week, I get a court paper telling me that they have filed to foreclose on my property. HOW CAN THEY DO THIS when THEY were the ones that told me in order to qualify for their programs, I had to be 60 days LATE?? If I would have known that this would jeapordize my home, I would have just kept paying the 30 day late payments until I received a tax return and got caught up at that time. Now I only have until December 4th to come up with 60 days worth of payments, on top of the one due for December 1st. I don't believe that I was given proper advise, and I want to know what recourse I have.
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Joy,
Scramble like the dickens to get caught up first! Focus all your energy on saving your house first and foremost. Later, when the danger has passed, point fingers at who’s to blame and the appropriate cause of action open to you for redress.
Choose your battles, and choose when to fight them. And right now all your energy and focus should be on the most important battle—saving your house from foreclosure.
Good luck.
