Posted on: 12th Jul, 2009 08:07 pm
i have not heard from my mortgage company since i hired a lawyer to help me get a better deal in my loan. i have a second mortgage which i stopped paying since lost of one income. i tried to arranged a better payment or modification with the lender the first time, but no help was given, then i stopped suddenly paying. my first one still taking partial payments but i have not heard from them. according to my lawyer the lender has not reply back to them. still waiting.
i am so tire of waiting(about 4- 6 months ago). the house was for sale for almost a year without luck. my credit is bad now after so many late payments. i dont know what else to do. please help
i am so tire of waiting(about 4- 6 months ago). the house was for sale for almost a year without luck. my credit is bad now after so many late payments. i dont know what else to do. please help
newjersey
Welcome to the forum
Sorry abotu your situation.
Probably your lender will foreclose on your house, but it may take few more weeks or months, as they ar eproably delaing with other customers.
I am not sure why you hired a lawyers who coudl nto haelp you at all
Good luck
Welcome to the forum
Sorry abotu your situation.
Probably your lender will foreclose on your house, but it may take few more weeks or months, as they ar eproably delaing with other customers.
I am not sure why you hired a lawyers who coudl nto haelp you at all
Good luck
Hi newjersey,
As the lender is not contacting you, it would be better if you could contact him and check whether or not, they would offer you a modification. As 4-6 months have already passed since you've stopped paying the mortgage, there are chances, that the lender would foreclose the property. This will effect your credit and you will lose the property.
If you find that the lender is not ready for a loan modification, it would be better if you could apply for a deed in lieu foreclosure.
Thanks
As the lender is not contacting you, it would be better if you could contact him and check whether or not, they would offer you a modification. As 4-6 months have already passed since you've stopped paying the mortgage, there are chances, that the lender would foreclose the property. This will effect your credit and you will lose the property.
If you find that the lender is not ready for a loan modification, it would be better if you could apply for a deed in lieu foreclosure.
Thanks
no doubt the best way to get results is to contact them directly yourself, once again.
