Bank personal loans

The second started foreclosure which forced me to file Chapter 7 bankruptcy. The bankruptcy was discharged November 2014 with neither mortgage reaffirmed.

After making No payments on the 2nd for 72 months and several conversations about settling, I came to the realization they would never settle. At that time I started planning a move to another state so I stopped paying the first. The first sent a notice of default by regular mail, which date past two weeks ago. Now, just yesterday, the 2nd informed me in December of 2014 they had the house appraised. A fews wks ago I received money loans for bad credit a letter in the mail asking that I contact them. When I called they simply wanted to know when I will be making a payment on the second. I told them I would like to discuss settling the loan and they transferred me to someone in the loss mitigation dept. Hence, I then received a remodification package in the mail.

Approx 2 wks later I received a notice advising I have 90 days (May 2015) to become current or they would possibly foreclose. I immediately faxed them a letter authorizing them to contact me to discuss a settlement. Would I be an idiot to try to sell even a shortsale? Its my conscience of trying to do the right thing and the thought of walking away and having my two kids go through it all. So, I could not give you advise that I think would be worthy on your situation. Sorry about that, but maybe someone else reading might be able to. Popular Community Bank is my loan servicer cash advance bad credit the US division of Banco Popular. We modified the first mortgage in 2012 and are current on that. We have not made a payment on our second mortgage in OVER 5 fast cash personal loans com YEARS since we filed bankruptcy, and they have not contacted me at all.

Our 1st is with Ocwen and our 2nd is with Citizens Bank. We also have our checking account with Citizens, does that mean they have access to our financials or do they still need permission to look at it? I am worried we waited too long on this settlement process as home prices have really been on the rise here lately. So I keep telling myself FC is fairly unlikely and I need to sit tight. I told them they are allowed to contact me by email or mail, I wanted to be sure I had written documentation of all conversations.

Basically the same house as mine except mine has been better cared for (that house had been used as a cheap unsecured loans rental for years). We were discharged from Chapter 7 in August of 2011.

We have kept our first mortgage current, but have not paid our 2nd mortgage for over 6 years now. The debt for our 2nd mortgage has been sold 4 times... Each time I would write my initial letter of an offer to settle, the debt would change hands. We have quite a bit of maintenance needed on the home since we have not invested in it at all these past 6 years... They know we will not disclose financial information of any kind to them. I sent an offer to settle letter that was very low...

They called the next day to counter offer with a stupidly high number and offer for us to fill out papers for a loan modification. I explained that we were not willing to do a modification, and that we were not willing to put very much money up towards settling because the home was in need of such major repair that it would not be financially wise to pay a high settlement, and repair the home. I made him aware that I knew Chapter 7 protected us for this very reason, and that they would not be able to come after us for any deficiency judgement. It feels a lot more vulnerable trying to settle something that is no longer technically underwater... So I have equity , just wondering what settlement percentages people are getting? To be completely honest it seems that settlements are few and far between nowadays, especially when there is equity in the home. I kinda figured that it might be difficult to settle. To be completely honest it seems that settlements are few and far between nowadays, especially when there is equity bank personal loans in the home. Yes or refinance and pay the balance in full (I know, painful). If so, I would probably hold onto it unless they start threatening you. Yes or refinance and pay the balance in full (I know, painful). If so, I would probably hold onto it unless they start threatening you. Since 2007, the LoanSafe forums have helped millions of homeowners over the last 13 years either save their homes with a loan modification, obtain a short sale, forbearance, or walk away legally long term loan lenders from their underwater mortgages. But at the end of the three months we will decide how you pay it back.

They told me they were offering forbearance plans for select accounts, including mine - but... They said that certain customers with Federally Insured Loans will get better assistance, and that I should try to call back in two-weeks and see if there are additional programs. If you want my advice -- I would record all the phone calls you make to them (some states do not require consent or a warning that your recording) and...

I would try to get anything in writing, if possible.

I would also be very cautious, because, once your 90-Days Delinquent... I bad credit personal loans direct lenders only would try to hold out, or wait for a forbearance with the arrears added onto the end of the loan (Balloon Payment) or, some sort of Loan Modification. But at the end of the three months we will decide how you pay it back. The bank is being gracious to you giving you a forbearance. Since 2007, the LoanSafe forums have helped millions of homeowners over the last 13 years either save their homes with a loan modification, obtain a short sale, forbearance, or walk away legally from their underwater mortgages. I just received a letter saying that I am bank personal loans only available for a repayment plan which will significantly increase my payments to what they currently are. Will the banks be offered assistance to help struggling homeowners during this pandemic? I wish they could lower my online payday loans in colorado interest rate which would lower my payments. Since 2007, the LoanSafe forums have helped millions of homeowners over the last 13 years either save their homes with a loan modification, obtain a short sale, forbearance, or walk away legally from their underwater mortgages. This is a scam to convince homeowners they can stay in the home as renters and buy their home back later.

It might also be part of a fraudulent bankruptcy filing. Either way, a scammer can then evict the victim and take the home.

Many homeowners think that they are signing documents for a loan modification or for a new loan to pay off the mortgage they are behind on. Later, they discover bank personal loans that they actually transferred ownership of their home to someone who is now trying to evict them. The comments by me and the materials available at this web site are for informational purposes loan quotes only and not for the purpose of providing legal consumer lending advice. Most of the information you find here is easily available on the internet.

You should contact your attorney to obtain advice with respect to any particular issue or problem. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney. Please Read bank personal loans our Privacy Policy and Legal Disclaimer The comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice.


Loans for people with very bad credit

Most of the information you find here is easily available on the internet. You should contact your attorney to obtain advice with respect to any particular issue or problem. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney. Please Read our Privacy Policy and Legal Disclaimer Recently received some mailings from a company named Stead Law Firm promising to get you a big interest rate reduction or principal writedown by using their service. Called their number and although they promised the world, they would not guarantee any results. This is a scam to convince homeowners they can stay in the home as renters and buy easy quick loans their home back later. It might also be part of a fraudulent bankruptcy filing. Either way, a scammer can then evict the victim and take the home. Many homeowners think that they are signing documents for a loan modification or for a new loan to pay off the mortgage they are behind on.

Later, they discover that they actually transferred ownership of their home to someone who is now trying to evict them. Can you also mention here about something other than these basic tips which would be helpful to avoid minute scams. Since 2007, the LoanSafe forums have helped millions of homeowners over the last 13 years either save their homes with a loan modification, obtain a short sale, forbearance, or walk away legally from their underwater mortgages. Eric Sandstrom would be able to go over your options with you. Get a CreditKarma account and a few secured or unsecured credit cards.

Keep the credit utilization low, and work on your credit report. Eric Sandstrom would be able to go new payday loan lenders over your options with you. Get a CreditKarma account and a few secured or unsecured credit cards.

Keep bank personal loans the credit utilization low, and work on your credit report. I was trying to decide if I would be able to refinance or would I be able to sell my current home and get a mortgage on another home. This is actually something that I specialize in and as a matter of fact we literally just closed on a home today where a borrower included a home in bankruptcy.