chapter 7

I am currently in Chapter 7 and now my mortage company wants to foreclose on my house. I am 3 months behind on my mortgage payments.

I could probably beg, borrow, etc, but my car insurance has doubled, my property taxes have increased by 30% and my oil bill has almost tripled. I have a daughter who has been accepted at college but I don’t think we’ll qualify for any FAFSA or other financial aid.

I have a lawyer who has basically thrown in the towel; he doesn’t return my calls.

Question:
Does anyone have a suggestion where I can put off foreclosure until after my daughter graduates from high school in June. She is being treated for depression and to have to get up and move in the next few months would absolutely crush her. I also have a fifteen year old son. Both children live with me (I have been separated for four years).

I’m trying to do the right thing; I just don’t know where to go for help…………. Thanks very much…

Well, first, your situation totally sucks. You have my sympathy, and good for you for trying to make this easier for your kids. I don’t know how us “regular people” are supposed to keep up with the cost of living these days.

Anyway, I work at a university, and I wanted to encourage you to put that FAFSA in anyway. It sounds like you’re not a billionaire or anything, and there should be some money for your daughter to help her with tuition costs. If you get it in by March 3rd, she’ll have a better chance at grabbing some financial aid. (Make sure you go to the .gov site for the FAFSA, and not the fake .com site that charges you to apply.) So, there’s your weekend plan. :)

I’ve seen messages from other folks on this blog that the most important thing in dealing with foreclosure is to try to talk to the mortgage company and work something out. Take a deep breath and call them.

Good luck. Things will get better (eventually). I’m sorry to focus on this one issue but how could you not possibly qualify for financial aid. If you can’t, who can? The reason I ask is that I have a friend in a similar situation. She makes very little money and FAFSA only gave her 10% of her daughter’s expenses for the first year of school.

I work at the University of San Francisco and I understand tuition alone there is $34,000. How does anyone afford it these days?

Also, suffering from depression myself, my thoughts and prayers go to you, your daughter, and your son.

Sorry to hear about your situation, I will be praying for you through this hard time. Did you lose your job? How did your property taxes go up 30%, car ins. double, and oil triple? Ive never heard of all that happening at once. Do you have alot of debt on top of your mortgage? Just curious why your mortgage isnt getting paid.

I don’t believe that you can do anything about stalling the forclosing procedings. It’s just a matter of time if your not paying the bills. They aren’t going to giving you a grace period on it. I’ve seen messages from other folks on this blog that the most important thing in dealing with foreclosure is to try to talk to the mortgage company and work something out. Take a deep breath and call them.

Have u talked with Loss Mitigation department yet? They could extend your loan probably. Chat with someone from there. Watch this video to get the idea:

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