The Past Is History Well, the two years were up in September and no one will touch it. I am now being told I owe more than my house is worth. I am a single mom and only bring home $1500.00 a month. I am now two months behind. The mortgage compant is not ...Bankruptcy Q&A rapid fire QUESTION: My first mtg is ok and i want to keep the house. The second Mortgage has been written off prior to the bankruptcy by the other mortgage company. It still shows up on the credit bureaus as written off. What happens to the ... Battening down in the hurricane No mortgager will be able to evict me from my home. It will take the county tax assessor two or three years to put me out after I begin to default on taxes. M’jihito has a job and is young enough to recover from whatever happens to this ... Senator Feinstein's response to my letter on the American ... Finally, as to tangible benefits for Main Street in the form of mortgage relief, there have been more than 500000 foreclosures in my home State of California so far this year. In the second quarter of this year, foreclosures were up 300 ... My letter to the editor made the paper today I pay for everything with cash. I pay my bills on time; including my mortgage. I didn’t buy a home I couldn’t afford. I didn’t borrow 100-125% what my home is worth. I’ll have equity in my home even if the housing market crashes. ... Collapse: T-Minus One Day ... And Counting And if something happens, I own my house so I have a place to live, I have food so that my family doesn't starve, I have some electricity so that our lives are a little more comfortable, and I can still do our laundry. ... What happens to your credit if a spouse files bankruptcy? Similarly, I am the only one on our home mortgage but we both are on the deed. My question is if my wife files bankruptcy to get out of the mortgage of the rental property what will happen to my credit and can the bank come after our ... Live-blogging: The economy A: The $700 billion actually works out to around $400 and we saw what happened when we sent stimulus checks to everyone. Q: If all the banks failed, what happens to my mortgage? A: Good question. If it ends up in bankruptcy court, ... Posed in circlek A very wealthy MBA relative of mine (fact) advised my wife and I to wait until 2007 or 2008 to buy a house. This was because the newly fashionable 5-5 and 3-1 ARMS were coming due. What he didn't predict so well was that this would ... A rant on the economic situation… Tonight we had a really nice dinner and now we are home to “Party Like Rock Stars” (Her words not mine, this is how she articulates staying up and watching a movie with daddy, tonights movie selection is Narnia. With some time on my ...
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