Download our Free BrochureHow to avoid Foreclosure
Do you want to save your home?
We specialize in out-of-court resolutions of Mortgage Foreclosures by negotiating with your lender. Let our expertise help you save your home. We can give you the Foreclosure help you need.
-
Stop Foreclosure News
Please call our Toll Free number
1-866-544-0990 or fill out our FREE QUESTIONNAIRE and we will respond to you promptly
|
|
|
|
|
 |
 |
|
|
|
I can't afford the payment plan they put me on can I get another one?
Texas foreclosure
This is an actual comment from a client:
"We had got behind in 2006, our regular payment is 702.00 and they put us on a repayment plan and it made our payments go up to $2265.00 a month for 6 months and we can not afford this much a month and they are not willing to work out another arrangement with us."
I would not call this arrangement a repayment plan this is almost a reinstatement. A repayment plan must be something that you can afford or you'll be right back in the same position within a month. You need someone to negotiate on your behalf to arrange a repayment plan that fits your financial situation. We will develop a financial portfolio to accurately depicts your current financial situation with your monthly income versus your monthly expenses. This will show them what surplus you have to put toward a repayment plan.
Even if you have had a repayment plan in the past and have defaulted on it does not mean we can't get you approved for another one. Please call us to discuss your case.
Related Entries
- My loan has been sold so many times I don't know who owns it now - February 27, 2007
- Got behind on my mortgage do a job loss - March 6, 2007
- Bankruptcy may have stopped the foreclosure but I still can't afford the home - February 25, 2009
- Will they foreclosue on a Tax debt? - December 14, 2007
Comments
any hope al all please
Post a Question or Comment
Search The AFS Blog
IMPORTANT NOTICE: American Foreclosure Specialists (AFS) and our services are not approved by the government or your lender. www.afscanhelp.com is not associated with the government, nor is it a government sponsored website. To access information on government sponsored assistance, please visit makinghomeaffordable.gov. You need to know that even if you accept our offer and use our service, your lender may not agree to change your loan. Also, if you stop paying your mortgage, you could lose your home and damage your credit rating. Work Out and Loan Modification Plans vary and are dependent upon mortgage company criteria and financial information gathered as part of the efforts AFS provides. The information and notices contained on this website are intended as general research and information and are expressly not intended, and should not be regarded, as financial or legal advice. We attempt to ensure that the material contained on the website is accurate and complete at the date first published, however you should recognize that information contained on this website may become out of date over time. Readers who have particular questions regarding real estate law, finance, or who believe they require legal counsel, should seek the advice of a financial advisor or an attorney. AFS is neither a bank nor an attorney company. By submitting this contact request, you are consenting to be contacted by foreclosure specialists by telephone and/or email, even if you have previously listed yourself on any state or federal Do-Not-Call List.