Okay, so I get home from work and there is a business size card on my door. It simply says "A personal call was made to your home today. You should call immediately". Handwritten on the next line was my mortgage servicing company and a 1-800 number. My name was handwritten on the back.
What the ?????
The story. I have not made the mortgage payments due 10/15 and 11/15. Last paid was 10/15 for 9/15 late payment due. At that time I was not thinking bankruptcy. Wish I had not even made that last payment. This is all for my 1st mortgage. Fast forward to today. Just cannot afford expenses (over 110K unsecured) and home mortgage (1st, 2nd, heloc) and just found out that tomorrow (Thur 11/20) will be my last day at work. Yup, joining the unemployed crowd. I stopped paying all cc and mortgages last month and hoped to file after 90 days.
Here's where the means test sucks. I was unemployed first 2.5 months of the year. I've made appx 60/hr gross on a contract the last 8 months and now I am unemployed again. Based on the means test, for my last 6 months, I make about 120K a year when I've really only made about 78K the entire year. Anyway, I have retained a lawyer and paid half the cost already. Will be seeing her again next week.
Just wondering if anyone has had a personal visit to their home by someone from their mortgage servicing company when I am only 2 months late. I live in Northern California and my 1st mortgage is thru a local credit union that already sold the loan to an Illinois servicing company. The local CU still collects my payments on behalf of the mortgage owning company. I had planned on filing BK in Jan or Feb after 90 day wait and will be giving up the house but hope I can still live here rent free for about 5 or 6 months while I look for another job. Sure wish I had CW or Chase or Citimortgage or BofA or one of these other mortgage places that's backed up and taking 8-12 months. Seems my local CU is moving quickly and I'd be lucky to be here another 2 months. They also sent a certified mail on Fri. Wasn't home. Went to the post office Sat to get mail but post office lost the certified mail. Amazing.
What the ?????
The story. I have not made the mortgage payments due 10/15 and 11/15. Last paid was 10/15 for 9/15 late payment due. At that time I was not thinking bankruptcy. Wish I had not even made that last payment. This is all for my 1st mortgage. Fast forward to today. Just cannot afford expenses (over 110K unsecured) and home mortgage (1st, 2nd, heloc) and just found out that tomorrow (Thur 11/20) will be my last day at work. Yup, joining the unemployed crowd. I stopped paying all cc and mortgages last month and hoped to file after 90 days.
Here's where the means test sucks. I was unemployed first 2.5 months of the year. I've made appx 60/hr gross on a contract the last 8 months and now I am unemployed again. Based on the means test, for my last 6 months, I make about 120K a year when I've really only made about 78K the entire year. Anyway, I have retained a lawyer and paid half the cost already. Will be seeing her again next week.
Just wondering if anyone has had a personal visit to their home by someone from their mortgage servicing company when I am only 2 months late. I live in Northern California and my 1st mortgage is thru a local credit union that already sold the loan to an Illinois servicing company. The local CU still collects my payments on behalf of the mortgage owning company. I had planned on filing BK in Jan or Feb after 90 day wait and will be giving up the house but hope I can still live here rent free for about 5 or 6 months while I look for another job. Sure wish I had CW or Chase or Citimortgage or BofA or one of these other mortgage places that's backed up and taking 8-12 months. Seems my local CU is moving quickly and I'd be lucky to be here another 2 months. They also sent a certified mail on Fri. Wasn't home. Went to the post office Sat to get mail but post office lost the certified mail. Amazing.
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