341 today
OK soo that was nerve racking! A big fat slice of humble pie with humiliation sprinkled on top (stale..day old..)
name was called sworn in ID/SS card given.. answered Q's -not expecting settlement ect..
ours was about the 4th and the only one with a creditor that
showed up
Mortgage facts:
about 6yrs ago moved into small home thinking 2-3yrs then move into ideal home and turn this one into rental/investment then BOOM market crashes now we are stuck
was still planning on staying (reaffirm) in mortgage with BK until I learned that my once appraised 300,000.00 house was now valued at about 125,000.00 and I thought well that would be a lame business decision so decided to ride through but not reaffrim (on petition)
THEN income dropped even more and auto expense came so we decided we would just surrender it all together. and actually learned that we could rent in a nicer area for our kids in a newer bigger house for less $ so we did not pay the last 2 months of mortgage
NOW today the one creditor is representing the 1st and 2nd mortgage (
uhhh suprise to see someone)
he says straight up "when do you plan on catching up the payments you are behind" ($7000.00incl. this mo.)
...GULP! (feel minnie mouse voice comN on and heat from stares of room)
I say "We cannot catch up" "oh (rolling eyes) then what do you plan to do" " we are forced to surrender the house...and actually i did call ### to let them know that i would have to include it in the BK" (he rolls eyes and tips head) "oh really? hmmm"
(OMG I KNOW I KNOW i am a frckN slaker and I owe you money..
..)meany
TT says what was payment? he isn't sure, I say $.... and she says and your income is $... i say yes and she says how come you can't keep the house I say "I just can not afford to" she looks over her glasses at the Bank guy and at me and says "ahh you 2 need to get together and work it out"
!!! OF COURSE the payment will be about the same as rent. what I really wanted to say is that I cant afford to catch up the $7000.00 and pay the mortgage I have NO money.
so then I catch up with the attorney in the parking lot (yea like a stalker) and ask if she thinks i should call the TT to clarify because i just said ON TAPE that i could not keep the mortgage because I cant afford it (her thinking the monthly amt) BUT obviously she knows my rent anywhere is going to be the same
Attorney says no.. don't worry about it
oh also she asked my DH how he came about the price on his boat. We didn't pay for it (was my dads and DH took it when he died) so we just looked in the paper and other papers that sell stuff and that is what he said
I hope it was ok.. we thought the appraisel would cost more than the boat
(small aluminum fishing boat with a little motor that hangs off the side)
Waiting to hear now...
I also wonder now if the mortgage people(C.U.) will move faster to forclose maybe even try to lift the stay.. I was hoping for November or more to try to save (have not had money to save yet)
(default was in april)
name was called sworn in ID/SS card given.. answered Q's -not expecting settlement ect..
ours was about the 4th and the only one with a creditor that
showed upMortgage facts:
about 6yrs ago moved into small home thinking 2-3yrs then move into ideal home and turn this one into rental/investment then BOOM market crashes now we are stuck
was still planning on staying (reaffirm) in mortgage with BK until I learned that my once appraised 300,000.00 house was now valued at about 125,000.00 and I thought well that would be a lame business decision so decided to ride through but not reaffrim (on petition)
THEN income dropped even more and auto expense came so we decided we would just surrender it all together. and actually learned that we could rent in a nicer area for our kids in a newer bigger house for less $ so we did not pay the last 2 months of mortgage
NOW today the one creditor is representing the 1st and 2nd mortgage (
uhhh suprise to see someone)he says straight up "when do you plan on catching up the payments you are behind" ($7000.00incl. this mo.)
...GULP! (feel minnie mouse voice comN on and heat from stares of room)
I say "We cannot catch up" "oh (rolling eyes) then what do you plan to do" " we are forced to surrender the house...and actually i did call ### to let them know that i would have to include it in the BK" (he rolls eyes and tips head) "oh really? hmmm"
(OMG I KNOW I KNOW i am a frckN slaker and I owe you money..
..)meanyTT says what was payment? he isn't sure, I say $.... and she says and your income is $... i say yes and she says how come you can't keep the house I say "I just can not afford to" she looks over her glasses at the Bank guy and at me and says "ahh you 2 need to get together and work it out"
!!! OF COURSE the payment will be about the same as rent. what I really wanted to say is that I cant afford to catch up the $7000.00 and pay the mortgage I have NO money.
so then I catch up with the attorney in the parking lot (yea like a stalker) and ask if she thinks i should call the TT to clarify because i just said ON TAPE that i could not keep the mortgage because I cant afford it (her thinking the monthly amt) BUT obviously she knows my rent anywhere is going to be the same
Attorney says no.. don't worry about it
oh also she asked my DH how he came about the price on his boat. We didn't pay for it (was my dads and DH took it when he died) so we just looked in the paper and other papers that sell stuff and that is what he said
I hope it was ok.. we thought the appraisel would cost more than the boat
(small aluminum fishing boat with a little motor that hangs off the side)
Waiting to hear now...
I also wonder now if the mortgage people(C.U.) will move faster to forclose maybe even try to lift the stay.. I was hoping for November or more to try to save (have not had money to save yet)
(default was in april)
Here's to an UNeventful next 60 days 
I am worried they will increase my other policys once the BK affect my home ins. I will call them though
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