Posted by Ward-CA- on December 28, 2002 at 12:48:51:
In Reply to: Don't want to lose my condo. :( posted by Aero on December 27, 2002 at 00:28:18:
: I have a condo in tennessee and have just moved to Florida. Since the move (about three months ago) I have been running one month behind in my payments to my bank but have still been making regular monthly payments. I am also in chapter 13 because of some credit card debt.
: Today I got a letter in the mail from my mortgage company saying that they are filing to become exempt from the chapter 13 so that they can foreclose because of the one month that I am behind. Is there anything I can do about it? Can I still save my condo? What can I do???
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Aero,
Just about any alternative move you make, other than making up your one delinquent payment, is going to cost you more money!!
So if I were you Id solve my foreclosure problem and do it the cheapest way, by somehow scrounging up the money to bring your loan current. I know youve probably thought of these things, but cant you work a couple of weekends for extra cash, or sell something or cash in something, etc. for the extra cash?
What about relatives or friends?
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