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Profile picture for kaiturunen

I live in Palm Bay, Florida. I am 34yo and lost my job last June.

I also stopped paying the mortgage last June. Just got the notice of Foreclosure via constructive service.  Whats my next step to prolong staying here?
  • March 25 2009 - Palm Bay
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Answers (7)

Ask they lender if you can rent the home after you lose final possession. Otherwise the lender may offer you 'cash for keys' to affect a quick vacancy of the property (they pay you to leave to avoid additional attorneys fees). Take the money and go rent somewhere else.

It's bad enough you have a foreclosure on your credit record, don't make it worse by having an eviction on your record as well. It will make it extremely difficult to rent an apartment if you have an 'unlawful detainer' or UD on your record.
  • March 25 2009
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Profile picture for Potato Head
Why is it that so many people think the lenders owe them something?  Or that anyone owes them anything in general?  Get off your tail, get a job, pay your mortgage.
  • March 25 2009
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Prolong staying there Kait?  You have lived there rent/mortgage free since June of last year!!!  Maybe you should try looking for a job and paying the mortgage, that will help prolong you staying there.
  • March 25 2009
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Profile picture for Socialist
Yes its easy to save when you don't have a job, Rudi!
  • March 25 2009
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K,

BK stops everything. You could have 6 months to a year. FL leads in F/C. They'd rather have someone living in the house than empty and get trashed. ... Find a BK Attorney on your own. Don't end up with an ambulance chaser as the many mailings you've probably received. Legal Aid is a good place to start.

Start planning ahead. Save what you could have paid on your mortgage and other monthly payments. You'll want a cushion. Start checking rentals so you'll know what you need for move in costs. ... Good luck, Rudi
  • March 25 2009
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Profile picture for Bud Smoker
File Bankrutpcy
  • March 25 2009
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Profile picture for ahansongirl
I don't have answers, but my heart wanted to say have faith...things will get better.  God works through tragedies and waiting is the hardest part.  I pray that you will be able to see Him and look for the little ways He lets you know He's there..  My heart goes out to you!
  • March 25 2009
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