06-18-2011, 01:41 AM
My sister has been BEGGING her bank to work with her and they wouldn't. Husband lost his job in 2009, finally found one 10 months later but at a big pay cut. 2 months after that, sister lost her job. Then they got divorced. Sister found a new job, again at a big pay cut. My mom was helping her pay the mortgage and then she lost HER job.
They finally consulted with a real estate attorney who advised them to stop paying the mortgage, so they did. Last payment was in January and Tuesday, someone from the bank called my sister to "see what they could do to help her get back on track." Prior to January, they were never, ever late or short on a payment and now that they are finally 5 months in arrears, the bank wants to "talk."
Idiocy defined, IMHO.
DM
They finally consulted with a real estate attorney who advised them to stop paying the mortgage, so they did. Last payment was in January and Tuesday, someone from the bank called my sister to "see what they could do to help her get back on track." Prior to January, they were never, ever late or short on a payment and now that they are finally 5 months in arrears, the bank wants to "talk."
Idiocy defined, IMHO.
DM