From Political Gateway :
...So, enough of 'I told you so'. Now I want to help those in need. What do you do now that you are screwed? The bankruptcy laws have changed for the worse (thank you congress) and you are in deep financial trouble. I am here to help you see what to do. Based on the fact that I was the only one to foresee what is now happening, I will give you my advice for the next year.
Your house – lose it. Give up on it (assuming you are having problems paying for it.) You can buy the same house in 2 years for 2001 prices and get it for a few hundred thousand dollars less. If you are in duress and having problems with the payment, stop paying it. Stay in the house as long as you can. Fight the foreclosure at every turn. Doing the 'right thing' by paying your bills until you go broke and lose everything anyway is not good economic sense for you and your family. If you continue to try to keep up you will not only lose the house but you will be destitute and heading towards homelessness. Pride destroys finances.
Fight the foreclosure – Answer any papers sent to you by the bank. You will have 20 days to respond, wait til 18 go by and overnight it. Complain about the loan and the company and the mortgage broker. They will have 20 days to respond. And so on and so on. This will give you 3 to 12 months in your house rent and mortgage free...
Your house – lose it. Give up on it (assuming you are having problems paying for it.) You can buy the same house in 2 years for 2001 prices and get it for a few hundred thousand dollars less. If you are in duress and having problems with the payment, stop paying it. Stay in the house as long as you can. Fight the foreclosure at every turn. Doing the 'right thing' by paying your bills until you go broke and lose everything anyway is not good economic sense for you and your family. If you continue to try to keep up you will not only lose the house but you will be destitute and heading towards homelessness. Pride destroys finances.
Fight the foreclosure – Answer any papers sent to you by the bank. You will have 20 days to respond, wait til 18 go by and overnight it. Complain about the loan and the company and the mortgage broker. They will have 20 days to respond. And so on and so on. This will give you 3 to 12 months in your house rent and mortgage free...
No comments:
Post a Comment