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Posted by Jack on July 05, 2009 at 11:10:11:
In Reply to: Re: Considering Default posted by JR on July 05, 2009 at 09:06:09:
Maybe you should open a dialogue with American Rescue Trust. If they have purchased your mortgage, they did at a discount. It would be a good time to work out a deal with them.
Alternatively, you may ask American Rescue to provide you a proposal in writing as to what they intend to do for you. You can then have the proposal reviewed by a professional.