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I have contacted HSBC and they don't care
January 10, 2008
We have been trying to regain our savings and credit since a 5 year law suit put us $50,000 in the hole. I just had hand surgery and am off work for 12 weeks. When I called both the mortgage companies to try and suspend 3 payments until May they don't care. We cannot make these payments and in June our mortgage goes up again.We pay over$2100.00 a month for both and we are slowly falling farther behind in our finances.
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- What does Stop foreclosure mean... can it be done in my case? - February 7, 2008
Comments
Last May we had everything in line to refinance our adjustable rate loan with HSBC. Unfortunately we had some unpaid interest on the loan that made our payoff approximately $11k more the house appraised for. HSBC was unwilling to negotiate and we were unable to come up with the additional out of pocket funds so now we're stuck in a high interest loan that we struggle to pay each month. We've owned our home for over 20 years but because of the poor market we have no equity in the home. We have put our blood, sweat and tears into this home and I lie awake every night, sick with the thought that we may lose it. Is there any light at the end of this tunnel? We feel like a tired swimming sinking a little more with every stroke.
In 2009 my mortgage will go up as well. There isn't a light at the end of the tunnel wither.