Posted by NJD on June 26, 2009 at 13:20:59:

In Reply to: What can I do legally? posted by Candy Arreche on June 25, 2009 at 10:18:50:

Steele is right, only your own attorney can make sense of your affairs, and recommend a legal strategy.

Two "legal" courses of action include stopping the foreclosures by paying what you owe. If you can't pay what is owed, you will have to negotiate a settlement on each loan with the owner of each loan. Another legal remedy is bankruptcy.

Simply because the loans may have been originated and are serviced by the same company doesn't necessarily suggest the loans are all "held" by the same bank. They may be, but each workout scenario will be specific to that particular loan.

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