Posted on: 01st Jan, 2010 02:02 pm
the wife and i have divorced? the 'cxxx'bank would never talk to me about loan modification - its been over a year now since we stopped paying - though we recently shortsold the home and now the collecting company for the second (and the second mortgage was with the same as the first) is now trying to collect on the second.
i was never given the opportunity to move in to the home to try to get a modification - we never trashed the place - the house was shortsold in november - thus, the second is an unsecured loan total due 53x principle bal 48xxx and they want to settle for 35xxx -- neither of us (ex or myself have that kind of monies.) the realtor indicated offer them 1k and see what they would say after the new year... now they want this 35k by jan 13.
i am more than upset and angry with them as for a shortsale they took $7200 from us just to shortsale...
how can they get away with taking advantage of us if we dont have the monies and we are no longer a married unit? i make substantially less than the ex and they know it. i want to sick the atty general on them.
how can i get some of the obama monies or have the insurance company of the insurance company do something... this is ridiculous where the small peon me not get anything... dam obama and the greedy sobs that are making oodles of monies off the peoons.
i was never given the opportunity to move in to the home to try to get a modification - we never trashed the place - the house was shortsold in november - thus, the second is an unsecured loan total due 53x principle bal 48xxx and they want to settle for 35xxx -- neither of us (ex or myself have that kind of monies.) the realtor indicated offer them 1k and see what they would say after the new year... now they want this 35k by jan 13.
i am more than upset and angry with them as for a shortsale they took $7200 from us just to shortsale...
how can they get away with taking advantage of us if we dont have the monies and we are no longer a married unit? i make substantially less than the ex and they know it. i want to sick the atty general on them.
how can i get some of the obama monies or have the insurance company of the insurance company do something... this is ridiculous where the small peon me not get anything... dam obama and the greedy sobs that are making oodles of monies off the peoons.
what a delightful way to end your post. How is Barack Obama making "oodles of monies" because you and your former wife divorced and found it necessary to short-sell your home?
unfortunately, that's my only comment. your post isn't sufficiently well-laid out enough for me to figure out where you're really coming from, other than the rant.
unfortunately, that's my only comment. your post isn't sufficiently well-laid out enough for me to figure out where you're really coming from, other than the rant.
Yes it is a rant against our leader... but, in reality -- how can I get a reasonable offer to settle... it is now past the 31st of which I made an offer to settle by and they didnt... so, I mean a truly reasonable..
Dont insurance companies take more insurance out on those that wouldnt possibly pay? Thanks for your time.
Dont insurance companies take more insurance out on those that wouldnt possibly pay? Thanks for your time.
ok
What information are you looking for?
sorry, rc...i'm not looking for any additional information. if i made any more comments, it'd look like warfare, so i relented.
The first has already been shortsold and we were required to come up with 7200 for the second to release.
The realtors said to offer 1000 to finish the second.
They want the 35k. Which I think is ridiculous...
Im trying to understand how me, an ordinary guy who is divorced, who doesnt make more than 45k base salary and no OT guaranteed proceed to work with a corporate large bank who will not work with me in a 'reasonable' fashion. - Thank you for listening and your words of wisdom... Blessings to you and yours this new 2010! -RC
The realtors said to offer 1000 to finish the second.
They want the 35k. Which I think is ridiculous...
Im trying to understand how me, an ordinary guy who is divorced, who doesnt make more than 45k base salary and no OT guaranteed proceed to work with a corporate large bank who will not work with me in a 'reasonable' fashion. - Thank you for listening and your words of wisdom... Blessings to you and yours this new 2010! -RC
Hi rchogan!
Welcome to forums!
It will be lender's discretion as to whether or not he would accept your offer and settle the loan for a lesser amount. You will have to negotiate with your lender so that he understands your situation and gives you an affordable plan to pay off the dues. If you feel that you are unable to negotiate with your lender, then you may take the help of an attorney who may help you negotiate with your lender.
Feel free to ask if you have further queries.
Sussane
Welcome to forums!
It will be lender's discretion as to whether or not he would accept your offer and settle the loan for a lesser amount. You will have to negotiate with your lender so that he understands your situation and gives you an affordable plan to pay off the dues. If you feel that you are unable to negotiate with your lender, then you may take the help of an attorney who may help you negotiate with your lender.
Feel free to ask if you have further queries.
Sussane