Articles on Debt Relief
What Can I Do to Stop Foreclosure Proceedings on My Home?
Help! The bank has said that they are going to foreclose on my house! What can I do to stop foreclosure proceedings from my bank? I really want to avoid foreclosure if at all possible. What can I do to prevent foreclosure on my house? 15 months ago I sold my Illinois home and moved here to Whitney Point, NY with my 80 yr old male friend. He didn’t put a penny towards this house before, during or after the sale yet I loved him and thought we’d always be together. Now he’s in Missouri with a married daughter. He left here 3 weeks ago. I Also have durable Power of Attorney and regular POA over him. All he has contributed these past 15 months is paying half a mortgage the total mortgage is 455. it includes taxes and insurance If I continue to pay on my own there is very little or no money left for me to buy gasoline, pay my utilities, buy food, pay for care of out 8 pets, make the car payments which is in both our names it is 187.00 a month. I had a recent emergency with my health and had to go to the hospital and ended up staying overnight. The bill was over $7,000.00 and I have no health insurance. Now I’m getting letters in the mail from Medical Revenue Services ( a collection agency) saying that they’re checking into my assets, bank accounts, owning real estate, etc. If I were to surrender my car to the bank, what would happen and for how long would I be harassed by the bank to get the rest of their money back? I have been told by several people that disability income can not be garnished; however, I don’t know if that is really true. Is it? What can someone do about having a single debt listed more than once on their credit report, making their credit look worse than it is?