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**klandsb** · 11-04-2009, 04:45 PM

Take a deep breath.. It will be ok. Is there anyway you can figure out how to make a few extra bucks (under the table) . Cleaning for people or if u work in the evenings a few night a week like at a doctors office or something (not the best but its money), or maybe babysitting (old or younger people).. Look in the want ad's .. Please understand I am just trying to give you a few suggestions to think about. I know nothing about your current employment situation or anything... Remeber where there is a will there is a way... Dont give up althought sometimes its tough...

**jade73** · 11-04-2009, 05:56 PM

Thanks. It just seems we get one thing taken care of and something else screws us up. Wasnt even able to make the 2nd mortgage in Oct b/c the money we had for that went to the auto mechanic to fix my car. I want to cry!

**Skipper** · 11-04-2009, 06:34 PM

Originally posted by jade73 View Post

We filed 13 in July and have already been confirmed. Problem is we are in worse shape now than we were before the filing...go figure. We can't even see daylight. Everything under the sun has happened to both our vehicles. We've had so MANY unexpected expenses it's just unreal. I filed chap 13th to keep the house but the rate of 8.75% on the 1st mortgage and 11.75% on the 2nd is killing us. I dont know what to do.
Dont want home foreclosed on but I dont think I have any other choice...This is UNREAL and I cant take it anymore.

This is a forum about modifying mortgages, I hope it helps.

Mortgage Forum - LoanSafe.org

http://www.loansafe.org/forum/#foreclosure-forum

Get free mortgage help from LoanSafe.org. America's #1 mortgage forum.

Skipper

**jade73** · 11-05-2009, 03:33 AM

Thanks. Can you modify during chap 13? We were turned down before we filed, that leading to the reason for filing.

**Skipper** · 11-05-2009, 03:42 AM

Originally posted by jade73 View Post

Thanks. Can you modify during chap 13? We were turned down before we filed, that leading to the reason for filing.

I believe so. If you post your story/questions on the loansafe forum, you will get alot of good advice as to how to move forward.

Skipper

**jade73** · 11-07-2009, 07:16 AM

I signed up when you told me about it and still havent got an email from them. I cant sign in. Weird!

**Skipper** · 11-07-2009, 07:33 AM

Originally posted by jade73 View Post

I signed up when you told me about it and still havent got an email from them. I cant sign in. Weird!

Hi Jade,

Did you try to create a different screen name? Maybe something simple like that may work...

You may be able to email Moe or Evan off one of the email links...

Also, try these links:

MHA | Making Home Affordable

http://makinghomeaffordable.gov/

Troubled Assets Relief Program (TARP)

http://www.financialstability.gov/

Treasury established several programs under TARP to help stabilize the U.S. financial system, restart economic growth, and prevent avoidable foreclosures. Although Congress initially authorized $700 billion for TARP in October 2008, that authority was reduced to $475 billion by the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). Of that, the following amounts were committed through TARP's five program areas: Approximately $250 billion was committed in programs to stabilize banking institutions ($5 billion of which was ultimately cancelled). Approximately $27 billion was committed through programs to restart credit markets. Approximately $82 billion was committed to stabilize the U.S. auto industry ($2 billion of which was ultimately cancelled). Approximately $70 billion was committed to stabilize American International Group (AIG) ($2 billion of which was ultimately cancelled). Approximately $46 billion was committed for programs to help struggling families avoid foreclosure, with these expenditures being made over time. The authority to make new financial commitments under TARP ended on October 3, 2010. As of October 31, 2016, cumulative collections under TARP, together with Treasury's additional proceeds from the sale of non-TARP shares of AIG, exceed total disbursements by more than $7.9 billion. Treasury is now winding down its remaining TARP investments and is also continuing to implement TARP initiatives to help struggling homeowners avoid foreclosure. TARP Programs Auto Industry TARP helped prevent the collapse of the American auto industry, saving more than a million American jobs. Bank Investment Programs TARP helped stabilize America's banking system during the financial crisis. Credit Market Programs TARP helped restart the secondary credit markets which are essential to keeping credit flowing to households and businesses. Executive Compensation Treasury issued standards governing executive compensation at financial institutions that received assistance under TARP. These standards are implemented and are overseen by the Office of the Special Master. Housing TARP helped prevent avoidable foreclosures and keeps families in their homes. Investment in AIG The Federal Reserve and Treasury took action to stabilize AIG because its failure during the financial crisis would have had a devastating impact on our financial system and the economy.

Skipper

**Billssuck** · 11-09-2009, 10:06 PM

We're in a similiar boat. Husband got laid off from work Oct 31 and we have spoken to our attorney about converting to a ch7. He says to suck it up and continue to make our $125/mo payment since it is so low. Otherwise, we could possibly loose two vehicles and/or our home if we try to convert to a ch7. So it may come down to eating or paying the trustee payment.

However, on a fortunate note, my husband found a job that starts in February making more than he did at his last job (not more than 10 percent) so we only have 3 months to make it through. It'll be tough but we're gonna give it our best efforts to see the ch13 through.

P.S. We have had a transmission problem in one vehicle and our clothes dryer blew a major component since filing. It's been tough.

**jade73** · 11-10-2009, 03:33 AM

Yes it seems to get tougher everyday. I just pray that it doesnt get any worse.

**tjs1970** · 11-10-2009, 08:23 AM

if my wife is eligible for a chapter 7 now but i am not because i filed a chapter 7 in 2003..........could we file chapter 13 together strategically now and wait it out until i reach my 8 year mark and then convert it to a 7 at that time?

we want to stall a foreclosure as long as possible and live in the house for free.......no NOD as of yet and havent paid since april 2009......heck........if they dont file a NOD until the spring, we could possibly delay the foreclosure for almost another year......file a 13, make a years worth of payments into the plan until the foreclosure is about to actually happen and then convert to a 7 and say F u to everyone......

80k unsecured
55k student loans
1st mortgage 360k (19k additional in arrears)
2nd mortgage 87k (7k additional in arrears)
car #1 $306 monthly
car #2 $408 monthly but upside down 8k
back IRS owed 4k
back property taxes 4k

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