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Bankruptcty to stop my foreclosure did not work, any advice

May 07, 2008

My husband and I filed for bankruptcy in order to save our house. The bank that had our mortgage continued to proceed with the proceedings. I hate to think about it being to late to do anything, I have stressed to where it has affected my health in a bad way. I had contacted their attorney when I saw in the newspaper they were filing a sheriffs sale and the attorney’s office informed me they were unaware of my filing a bankruptcy and that the attorney had to contact them and they would stop the proceedings. Well they didn’t. I know I owe them for back payments, but they are unwilling to work with us unless we pay the $9K backpayment which includes the attorney fees. This property has been in the family since they were relocated to Oklahoma from the old trail of tears and I am sick to think somebody else will be living in my home. I want to refinance, I owe $18K and am trying to find a solution to my problem. My bankruptcy is complete, where can I turn, maybe you can advise me.

This entry was:
Posted By lisa at 04:08 PM
Comments (3) | Categories: Bankruptcy
 

Comments

Bankruptcy should have postpone the auction date, giving you plenty of time to modify your loan or to get into an agreement with the bank. The banks hire the attorneys to do the foreclosure procedings, and if the bank doesn't communicate with them, it is more likely that the auction will take place. Call the bank, the foreclosure department and ask them who is the company hired on your foreclosure, then call that company and give them the bankrupcy number. They have to stop it. For the next thing to do, you can e-mail me.
Posted By rocio on May 28, 2008 at 05:31 PM
I had forbearance/deferral of my payment for 3 months! My franchise organization didn't pay commissions and I needed to reorganize my business so that I could get them. When I finally got forbearance it was at 3 months. I thought I was getting loan modification after the 3 months. But the analyst was unreasonable and was not explaining anything nor listening to me. Now they have added the 6 months and even though they have not started the foreclosure process I think it will be accelerated. In the meantime I have had to get another analyst and this is going to be another 30 to 45 process. Do I have a chance to save my house or should I file bankruptcy.
Posted By Shere on February 26, 2009 at 09:14 PM
I am recovering from cancer treatment and we have fallen behind on bills. They are all in my husband's name with me as authorized user. Is it possible for him to file bankruptcy without me? He earns a good living but not near enough to pay all our bills and I can't work anymore due to illness.
Posted By angie on April 18, 2009 at 11:39 AM

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