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Company Loan Type APR Est. Pmt.

loan modification

Posted on: 02nd Apr, 2009 03:00 pm
Hi, I was told I was in foreclosure status...I know with the new government stimulus plan I can modify my loan, cause i have a job now and can afford it, but i'm 5 months behind and they won't take any payments from me less then the full amount...Right now i'm just waiting from a response from them to get the modification...My question is" in the meantime what do i do while waiting? They said it could take several weeks and by that time i will be about 6-7 months behind and again they won't take less then the full amount i owe...please help!
There is nothing you can do at this point but stay in contact with your lender and let them know that you are really trying to get a modifcation done with them so that you can get back on track. You obviously can't make the delinquent amount in full so you are doing everything in your power to get the modifciation completed ASAP. They will understand... just keep in touch with them.
Posted on: 02nd Apr, 2009 05:24 pm
Hi

I also think you're left with little choice in this situation and can do nothing but wait for a response from them. In the mean time try and save as much as you can as it will help you make the payments on a regular basis and pay off the debt faster.
Posted on: 03rd Apr, 2009 06:14 am
Posted on: 03rd Apr, 2009 01:32 pm
alejandro, your advertisement is something this community does not endorse. if you wish to become a valued member of the community and lend your expertise, that would be welcomed.

clear advertising, on the other hand, is not welcomed. we appreciate your efforts but hope you'll see fit to comply. thanks.
Posted on: 03rd Apr, 2009 02:15 pm
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